German regulator calls on banks to increase risk provisions By Reuters


© Reuters. FILE PHOTO: Swiss Financial Market Supervisory Authority (FINMA) Chief Executive Mark Branson attends a news conference in Bern, Switzerland March 27, 2018. REUTERS/Stefan Wermuth/File Photo

FRANKFURT (Reuters) – The president of Germany’s financial regulator, Mark Branson, on Monday called on banks to increase their risk provisions while earnings are strong.

Branson, speaking at a conference in Frankfurt, also said that he doesn’t see contagion to financial stability in Germany as a result of recent problems in the crytocurrency market.

Be the first to comment

Leave a Reply

Your email address will not be published.


*