European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especially in the case of the worst performers, the European Court of Auditors (ECA) said on Friday in a report that highlighted a number of shortcomings.
The ECB supervises just over a hundred of the euro zone's biggest banks and has long complained that lenders are not taking…
This story from reuters.com was posted on 2023-05-13 by @earthed.