ECB to only ask banks for extra capital for bad loans if talks fail

Reuters

Published Nov 14, 2017 04:17AM ET

ECB to only ask banks for extra capital for bad loans if talks fail

FRANKFURT (Reuters) - The European Central Bank will only ask banks to set aside extra capital for their bad loans via Pillar 2 demands if talks with the lenders on the matter fail, a senior ECB supervisor said on Tuesday.