Financial Services Financial Services

Eurozone banks' climate risk-management progress is seriously lacking, ECB official warns

When it comes to how banks incorporate climate threats into their risk-management framework the glass is “not even half full,” a senior European Central Bank official said today, with some lenders having shown only “dire” progress in their disclosures.

In a scathing review of eurozone banks’ progress on climate-change risk management capabi

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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 Risk.net, 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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