The recent European Banking Authority (EBA) estimate of necessary recapitalisation in the European banking sector has confirmed Nordea’s solid position, concluding that no recapitalisation is needed for the financial services group.
At the end of the second quarter Nordea’s core Tier 1 capital ratio (including transition rules) was 9.3%. The evaluations of positions imposed in the review had no effect on Nordea’s core Tier 1 capital ratio. At the end of the third quarter of 2011 Nordea had a core Tier 1 capital ratio (including transition rules) of 9.2%, which is above the 9.0% threshold set by the EBA.
Excluding transition rules, Nordea’s core Tier 1 capital ratio was 11.0% at the end of the 3Q11.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more