This newsletter addresses current topics and developments in the European banking world, and is published twice a year.
Our European benchmark shows a relatively robust performance from the banks in our sample for the first half of 2011, despite the impact of the Greek crisis. This general analysis is accompanied by a sound contribution from CIB activity, which overall presents a “level of activity comparable to 2006, a rather high benchmark”.
A few weeks ago in Brussels, Mazars brought together representatives of the European Commission, the CBFA (Belgian regulator) and various banking groups for a debate on Basel 3 regulations and specifically the reform regarding the new solvency ratio.
The banking industry has continued to generate a lot of column inches in recent months.
As every half-year Bank News is the occasion for Mazars to review the financial performances of a group of 20 big European banks and to approach news headlines of the European banking world.
This is the second issue of Mazars's biannual newsletter called "Bank News" in French and in English. As for the first issue, this newsletter addresses current topics and developments in European banking world.
This first issue of Mazars’ biannual newsletter, “Bank News”, comes at the height of the financial crisis.