;

Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Headlines > ECB proposes extending Elderson's mandate at bank supervision arm

Headlines

ECB proposes extending Elderson's mandate at bank supervision arm

Published by Global Banking and Finance Review

Posted on December 17, 2025

Featured image for article about Headlines

FRANKFURT, ‌Dec 17 (Reuters) - The ‍European ‌Central Bank proposed on Wednesday ⁠to ‌extend the term of board member Frank ⁠Elderson as the Vice Chair of the ECB's bank ‌supervision arm, ⁠it said in a statement.

Elderson is currently serving a five-year term on the Supervisory Board and this extension ‍will last until he leaves the ECB's Executive Board in December 2028 at the latest.

The extension ⁠is subject to the approval of the Council of the European Union after a parliamentary ‌vote.

(Reporting by Balazs Koranyi; Editing by Hugh Lawson)

More from Headlines

Explore more articles in the Headlines category

Spanish city evicts hundreds of migrants from occupied building

US confirms tariff elements of trade deal with Switzerland

Swedish explosives start-up gets permit for TNT factory

US gaming platform Roblox pledges changes to get Russian ban lifted

Italy, France say it is 'premature' to sign EU-Mercosur trade deal

Germany warns against jeopardizing peace after Trump's Venezuela tanker blockade

Analysis-Gold forecast to glitter again next year despite biggest gain since 1979

UK police plan tougher action against antisemitic chants and protests

Explainer-What's next for the Gaza ceasefire and will the truce last?

Warner Bros Discovery board rejects rival bid from Paramount

UK tells Abramovich to give Chelsea sale cash to Ukraine or face court

European parliament approves citizens' initiative to help abortion access across EU

View All Headlines Posts