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Germany finance regulator: banks strong but uncertainty high

Germany finance regulator: banks strong but uncertainty high

Reuters07-05-2025
The logo of Germany's Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside of an office building of the BaFin in Bonn, Germany, April 15, 2019. REUTERS/Wolfgang Rattay/File Photo Purchase Licensing Rights , opens new tab
FRANKFURT, May 7 (Reuters) - Mark Branson, the president of Germany's bank watchdog BaFin, said on Wednesday that the nation's financial firms were in a strong position but that uncertainty would remain extremely high.
"The possibility that problems in the non-banking sector have an impact on banks cannot be ruled out just because we have weathered the turbulence well so far," Branson said.
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Reporting by Tom Sims and Frank Siebelt, Editing by Rachel More
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