Euro system names n’ numbers | FT Alphaville

Euro system names n’ numbers

Courtesy of UBS. Click to enlarge…

And, to be fair, a ranking by percentage of banks’ balance sheets…

A wry comment from UBS’s Alastair Ryan:

We (have) discussed…how usage approaching 10% of a bank’s funded book could represent a tipping point beyond which counterparties and investors would likely regard the bank as one unlikely to be run as a typical private-sector enterprise.

Banks that found themselves with above 10% of funded assets in public sector money have often either been nationalised or, like Lloyds and Bank of Ireland, have undertaken massive equity issuance in order to change their balance sheet sufficiently to make a full return to the private sector.

Lots more in the usual place.

Related links:
LTRO names n’ numbers (so far) – FT Alphaville
Lloyds and RBS eye €15bn ECB loans – FT
Reams of LTRO coverage – FT Alphaville