The importance of the SSM’s fitness and propriety work for banks’ performance – evidence from 10 years of SSM work

09/18/2025 European Central Bank Central banks

In this paper, we empirically investigate how suitability concerns detected by the SSM in the fitness and propriety of management body appointees impact the performance of European banks in the period 2014-2023. We provide evidence that management body appointees where the assessment of the supervisory authorities raised concerns, had a negative impact on the bank’s future performance. The negative effect can be attributed to appointees where the supervisory assessment revealed such severe concerns that ancillary measures were imposed.

The importance of the SSM’s fitness and propriety work for banks’ performance – evidence from 10 years of SSM work

09/18/2025 European Central Bank Central banks

In this paper, we empirically investigate how suitability concerns detected by the SSM in the fitness and propriety of management body appointees impact the performance of European banks in the period 2014-2023. We provide evidence that management body appointees where the assessment of the supervisory authorities raised concerns, had a negative impact on the bank’s future performance. The negative effect can be attributed to appointees where the supervisory assessment revealed such severe concerns that ancillary measures were imposed.

‘Greenhushing’ is a trend that leaves businesses downplaying their environmental wins

09/17/2025 The Conversation UK

Cast Of Thousands/ShutterstockThese days, institutions and companies love to announce what they’re doing to tackle the climate crisis. Terms like “sustainable”, “environmentally friendly” and “low-carbon” are often used to trumpet messages about production and consumption. But in reality, the claims are not always accompanied by real, effective action – a shady practice known as greenwashing.

Pages

Subscribe to Front page feed