15 May 2017
Bundebank's Dombret: ‘I consider Brexit to be manageable for banks’
Bundesbank (Buba), the German central bank. Executive board member Dombret crossed the wires last hour, making a scheduled speech titled ‘the other side of the coin – why European supervision needs international regulation.’
Key Points:
Brexit to be manageable for banks but preparation needed
Risk of sovereign default may be low, but not zero