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European banks remain robust amid geopolitical risks, EBA says

( November 29, 2024, 17:03 GMT | Official Statement) -- MLex Summary: European banks remain robust and with strong capital positions while facing slow economic growth and downside risks due to geopolitical tensions, according to the latest risk assessment report by the European Banking Authority. Geopolitical tensions and operational risks — in particular cyber threats — remain significant. The links between banks and non-bank financial intermediaries can also present vulnerabilities in times of financial instability, the report says. ...

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