Board of directors

ECB appoints Banafsheh Geretzki as Director Internal Audit

Retrieved on: 
水曜日, 1月 24, 2024

- PRESS RELEASE

Key Points: 
  • - PRESS RELEASE
    ECB appoints Banafsheh Geretzki as Director Internal Audit
    23 January 2024
    - Banafsheh Geretzki will take up her new role on 1 February 2024
    - Director Internal Audit leads ECB audit and investigation activities, including whistleblowing procedures
    The Executive Board of the European Central Bank (ECB) has appointed Banafsheh Geretzki as Director Internal Audit.
  • In her new role, Ms Geretzki will lead the ECB’s internal audit and investigation activities, including whistleblowing procedures and administrative inquiries.
  • The Directorate Internal Audit evaluates and seeks to continuously make more effective and efficient the risk management, control and governance processes at the ECB.
  • : +49 171 769 5305
    Notes
    The list of ECB managers can be found on the ECB website.

Isabel Schnabel: Q&A on X

Retrieved on: 
金曜日, 1月 19, 2024

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.

Philip R. Lane: Interview with Corriere della Sera

Retrieved on: 
金曜日, 1月 19, 2024

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.

Piero Cipollone: One step ahead: protecting the cyber resilience of financial infrastructures

Retrieved on: 
金曜日, 1月 19, 2024

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.

US Treasury market conditions and global market reactions to US monetary policy

Retrieved on: 
金曜日, 1月 19, 2024

At the same time, leveraged funds have built up unusually large net short positions in the US Treasury futures market.

Key Points: 
  • At the same time, leveraged funds have built up unusually large net short positions in the US Treasury futures market.
  • This box provides empirical evidence that the impact of a US monetary policy shock on domestic and global bond markets may vary depending on conditions in the US Treasury market.

Frank Elderson: Powers, ability and willingness to act – the mainstay of effective banking supervision

Retrieved on: 
水曜日, 1月 3, 2024

Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.

Key Points: 
  • Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.
  • Both monetary policy and communication shocks spill over to stocks, with euro area information spillovers being particularly strong.

ECB appoints Thijs van Woerden as Director General Horizontal Supervision

Retrieved on: 
水曜日, 1月 3, 2024

- PRESS RELEASE

Key Points: 
  • - PRESS RELEASE
    ECB appoints Thijs van Woerden as Director General Horizontal Supervision
    12 December 2023
    - Thijs van Woerden has over 25 years’ experience in banking and insurance supervision
    - Business area develops supervisory methodologies and policies, conducts industry-wide assessments
    The Executive Board of the European Central Bank has appointed Thijs van Woerden as Director General Horizontal Line Supervision.
  • In his new role Mr van Woerden will be responsible for providing the strategic direction of and managing horizontal line supervision.
  • Alongside other areas of European banking supervision, this business area helps to develop and nurture a common understanding and coordinated approach to supervisory tasks.
  • The thematic supervisory teams of the Directorate General Horizontal Line Supervision perform horizontal tasks relating to all banks subject to European banking supervision.

Isabel Schnabel: Interview with Süddeutsche Zeitung

Retrieved on: 
水曜日, 1月 3, 2024

Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.

Key Points: 
  • Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.
  • Both monetary policy and communication shocks spill over to stocks, with euro area information spillovers being particularly strong.

Policy options to address window dressing in the G-SIB framework

Retrieved on: 
水曜日, 1月 3, 2024

This article summarises the existing evidence of window dressing and seasonality of data at year-end reporting time for global systemically important banks (G-SIBs).

Key Points: 
  • This article summarises the existing evidence of window dressing and seasonality of data at year-end reporting time for global systemically important banks (G-SIBs).
  • Window dressing and seasonality of data distort the outcome of a point-in-time reporting framework, resulting in misleading bank disclosures, mismeasurement of bank risk, inappropriate capital requirements and misallocation of capital.