French banks are fully engaged in the fight against global warming. At a press conference this morning, Marie-Anne Barbat-Layani, Chief Executive Officer of the French Banking Federation (FBF) presented the range of initiatives being undertaken by the banking sector in France, in the run up to the United Nations Conference of the Parties on climate change - COP 21.
The representatives of the banking profession wish to express their compassion following the attacks in Paris and Saint Denis on Friday 13 November.
The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks.
Following its successful implementation one year ago, the new single supervisor faces a twofold challenge: ensure efficient control of the euro zone banks, whilst preserving their ability to finance the economy.
FBF welcomes the Capital Markets Union (CMU) initiative and the new priority to growth and employment. A proper financing of the economy is key to achieve these objectives. As a reminder, financing the economy, especially SME's is the number one strategic priority of French banks.
FBF_plaquette_UMC_15072015_EN.pdf [1371 ko]