Deutsche Bundesbank's Dombret on ECB, Brexit, Basel

The transcript covers discussions on economic growth in Europe, particularly Germany, and the challenges posed by low interest rates. It addresses the progress and challenges in the European banking union, including the lack of a European Deposit Insurance scheme. The impact of Brexit on banking operations, particularly the relocation of functions from London to the EU, is discussed. The status of Basel regulations and the handling of non-performing loans (NPLs) are also covered. Finally, the transcript touches on the need for grace periods for banks during the Brexit transition.

What are the potential bottlenecks mentioned regarding the influx of bankers to Frankfurt?

What is the current status of the Basel regulations as discussed in the text?

How does the ECB plan to address the issue of non-performing loans (NPLs)?

What considerations are being made regarding grace periods for banks during the transition period post-Brexit?