The 11 leaders of the largest European banks are calling for a brake on capital requirements and a commitment to regulatory simplification. This position was taken at a time when the European financial sector faces increasing pressures.
The bankers argue that credit to the private sector needs to increase by 5% annually to sustain European investment. This target is considered essential to ensure economic growth in the region.
Furthermore, the banking executives defend that the European financial system is solid enough to allow a rollback of regulation. This argument is based on the idea that banks have strengthened their capital positions in recent years.
The position of these 11 leaders represents significant lobbying towards European regulatory authorities, who will have to weigh financial stability against the stimulation of credit and investment on the continent.


