Chair of the Supervisory Board Daniele Nouy on the ECB website 16 Nov
Our good friends at Livesquawk with the story.
Two years after the creation of ECB Banking Supervision, Supervisory Board Chair Danièle Nouy and Vice Chair Sabine Lautenschläger talk about key issues for banks in the euro area and how supervision is doing so far on the European level.
- Our objective is to ensure harmonised banking supervision throughout the euro area
- the supervision of individual institutions is a sensitive matter and detailed information about a bank's situation needs to be handled discretely and prudently
- It is therefore unlikely that we will venture into publishing rankings or scores of banks. The banks themselves are, of course, free to disclose any information about their own
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Meanwhile EURUSD back down testing the reported 1.0700 barrier option again.