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A walkover election for Sinn Féin, and Cork deputy mayor fears for his life
In our weekly column Echoes of Our Past, Richard Forrest looks at what was in the news 100 years ago
Echoes of the past WEB
Richard Forrest
THE nominations for the southern Irish parliament take place today and it looks like Sinn Féin candidates will be returned unopposed, the Echo reported on May 14, 1921.
The party did not nominate any candidates and the Unionists are in such a minority that an attempt to gain a seat would be useless. The only exception being the candidates for Dublin University (Trinity College), who were also returned unopposed.
Goodbody analysts Eamonn Hughes and Barry Egan have said returns on equity (ROEs) could be 10pc better at AIB and Bank of Ireland – and even higher at Permanent TSB – if regulators stopped viewing mortgage risk through the lens of the 2008 crash.
But Mr Campa believes the legacy of the crisis in EU regulatory risk weighting is “eroding over time naturally”.
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“The impact of the previous crisis into the risk management is likely to be eroding away. It’s more an assessment of what is the risk-return reward.”
Low profitability is an issue across the bloc, Mr Campa points out, which may be why the European Central Bank (ECB) – which supervises euro area banks, while the EBA covers the EU’s 27 members plus Iceland, Liechtenstein and Norway – issued guidance last year on “banking consolidation”.