In an interview, Claudia Buch, Chief Banking Supervisor of the EU, assesses the current state of European banks in light of economic slowdowns and rising insolvencies. She highlights the robustness of the banking sector, the impact of past crises being mitigated by economic policies, and the need to maintain high regulatory standards. Buch expresses caution regarding international regulatory trends and emphasizes the importance of banks remaining well-capitalized to support the economy. Additionally, she addresses ongoing challenges related to digitalization and information systems within banks.

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