ECB open to giving banks more time to rebuild capital buffers
The European Central Bank is open to giving banks in the euro zone more time to rebuild capital buffers if the current crisis leads to a material deterioration of asset quality, ECB bank supervisor Andrea Enria said on Monday. “We plan to stick to the flexibility that we provide banks, Continue Reading
Sydney Airport gets $16.7 bln buyout bid as investors take longer-term view on travel
By Jamie Freed and Scott Murdoch A group of infrastructure investors has proposed a $22.26 billion ($16.7 billion) buyout of Sydney Airport Holdings Pty Ltd , the operator of Australia’s biggest airport, taking a longer-term view on the pandemic-battered travel sector. Record-low interest rates have led pension funds and their investment Continue Reading