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ECB’s Nuoy: Geopolitical risks have intensified

The European Central Bank (ECB) Banking Supervision Head Danièle Nouy is out on the wires now, delivering the key quotes found below.

  • Geopolitical risks have  intensified.
  • The profitability of euro area significant institutions remains subdued.
  • Recent increase in sovereign bond yields in one country is an unwelcome development.

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