Bank resilience and sustainable growth - two sides of the same coin
What changed vs prior statement
- 01No material change in policy stance vs prior statement.
- 02Language essentially preserved across key paragraphs.
- 03Vote split: No vote-record change.
From the original
Contribution by Prof Claudia Buch, Chair of the Supervisory Board of the European Central Bank, at the Bruegel Annual Meetings panel “Future-proofing European banking”, Brussels, 2 September 2026.
Related speeches
4 itemsClaudia Buch: The bank-sovereign nexus - securing progress by completing the banking union
Claudia Buch: "The prudential regulation of banks" - practical implications for European supervision
The desk posits that the ongoing prudential regulation reforms in Europe, as highlighted by Claudia Buch, will likely tighten financial conditions for banks, impacting their FX market operations. Per the full note [source], Buch emphasizes the need for robust supervision to mitigate systemic risks, which could lead to increased volatility in currency markets as banks adjust their strategies. Current positioning suggests traders should prepare for potential shifts in liquidity and risk appetite. The consensus target for EUR/USD remains at 1.075, with a range reflecting divergent views among major firms.