Financial Services Financial Services

Bank buffer usability needs clarifying, senior industry executives say

By Fiona Maxwell
  • 12 Oct 2021 11:13
  • 12 Oct 2021 11:13
Banks need clarity from policymakers on whether their capital cushions can be used in practice, senior industry representatives have urged.
Regulatory heads at Citigroup and BNP Paribas called for the buffer framework to be revisited, after claims that banks were hesitant to tap these safety cushions even after supervisors told

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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