But EU officials said the details would be revealed “at a later date, before the publication of the banks’ individual results”.
Michel Barnier, EU internal market commissioner, said he expected agreement when the board of the new European Banking Authority, which includes bank supervisors from all 27 EU Member States, meets next. Mr Barnier initially appeared to imply that the methodology would be presented publicly at that stage, but his office subsequently clarified that public disclosure would be made on a later date.
Meanwhile, the chances of a female candidate securing one of the top jobs at the new European supervisory agencies appear to be increasing. The supervisory board of the new European Securities and Markets Authority (ESMA), a sister organisation of the EBA and responsible for the EU’s securities markets, will vote on Tuesday to select an executive director from a shortlist of four names.
It is believed that two of those in the list are female, including one candidate from the European Commission. Verena Ross, from Britain’s Financial Services Authority, has also been mentioned as a possible contender.
© Financial Times
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