BrikoXAug 3, 2023

EU banks face liquidity checks next year after 2023 crises

https://lemmy.zip/post/999123

EU banks face liquidity checks next year after 2023 crises - Lemmy.zip

cross-posted from: https://lemmy.zip/post/999121 [https://lemmy.zip/post/999121] > Archived version: https://archive.ph/0GtrZ [https://archive.ph/0GtrZ] > Archived version: https://web.archive.org/web/20230803104554/https://www.reuters.com/markets/europe/eu-banks-face-liquidity-checks-next-year-after-2023-crises-2023-08-03/ [https://web.archive.org/web/20230803104554/https://www.reuters.com/markets/europe/eu-banks-face-liquidity-checks-next-year-after-2023-crises-2023-08-03/]

Show threadUniquesNotUseful

Banking sector regulations require financial reserves that can be used to cover emergencies.

The EU revised the rules recently that meant banks could count the cost of its software as part of its cash reserves, increasing them by € billions each year.

You try and sell your copy of windows 10 and Norton anti virus to make ends meet.

Aug 3, 2023 at 10:41pmWeb