Solvency

Two-thirds (67%) of U.S. and European insurance executives say their business is not well prepared for the industry’s changing regulatory requirements, according to a study published today by Natixis Global Asset Management.

Research shows concentrated financial risk as the world’s 30 G-SIBs have $59.759 trillion in exposures; the top 20 banks account for 83% of that total

The Financial Stability Board also released details on total loss-absorbing capacity, or TLAC, requirements that all 30 G-SIBs will need to meet. The rule requires that a bank have sufficient amounts of debt that could be bailed in to recapitalize it in times of crisis...

In recent reporting seasons, disappointment would have been unthinkable; reliability was the Nordic banks’ stock in trade. Yet the third-quarter 2015 revenue and income figures from the biggest Swedish lenders simply look bad.

After a long period of decay, asset quality is improving at Portugal’s banks — and political uncertainty seems unlikely to interrupt the trend.