EBA warns on funding stresses from QE exit
‘Mediterranean’ banks’ reliance on repo funding could be tested by withdrawal of stimulus
The funding plans of some European banks face a “reality check” following the withdrawal of extraordinary monetary stimulus by the continent’s central banks, a senior executive at the European Banking Authority has warned.
Speaking at Risk.net’s Liquidity & Funding Risk Europe conference on September 25, Adam Farkas, EBA executive director, warned that the unwinding of quantitative easing (QE) measures by central banks could have harsh consequences for lenders that currently meet a large
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