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ECB to decide on capital rules for banks' insurance holdings next week

The European Central Bank will decide by next week whether the 'Danish Compromise' capital rules for banks' insurance holdings apply to asset manager acquisitions through insurance units. This decision, influenced by requests from BNP Paribas and Banco BPM, could significantly impact consolidation in Europe's financial sector. The ECB is processing these requests on a case-by-case basis, with a focus on providing clarity to the market.
MarketScreener
Euro AXA SA BNP Paribas SA Banco BPM S.p.A. Anima Holding SpA Morgan Stanley Frank Elderson Claudia Buch Valentina Za Francesco Canepa Show more
Finance & Economy, News Article
16:23 21.03.2025
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