Banks in the European Union should beware of fake news triggering a run on their deposits, the bloc’s banking watchdog warned, concerned about a potential fallout from the Russia-Ukraine war. “An escalation of the war might trigger an increase in liquidity risks,” the European Banking Authority (EBA) said in its Risk Dashboard report published on…
EU Regulator Warning Banks of Deposit Runs From Fake News, Spillover Effects of Ukraine War
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