Daniele Nouy, chair of the ECB’s new supervisory arm, the Single Supervisory Mechanism said “intensive activity” on the asset-quality reviews of euro zone banks was continuing.

The European Banking Authority yesterday unveiled plans for how it will test the health of Europe’s biggest b(...)

European Central Bank President Mario Draghi: has given strong indications that banking in Europe is about to enter a period where the guarantee of a public backstop is no longer assured. Photograph: Reuters

As we slowly emerge from the greatest economic and bank- ing crises encountered in more than three-quarters of a century, it is clear the successful b(...)