The resilience of European banks further improved in 2018, but operational risks, including money laundering, have also increased, notes the European Banking Authority (EBA) in its annual report on risks in the EU banking sector, published on Friday 14 December.
The banking sector continued to benefit from positive macroeconomic developments in most European countries, the EBA points out. Since June 2017, the Common Equity Tier 1 (CET1) have increased slightly from 14.3% to 14.5% and the...