Louka Katseli

By Yiannis Papadoyiannis

The European Central Bank (ECB) has issued a terse warning to Greek banks, and particularly to the government in Athens, via its Single Supervisory Mechanism (SSM), over plans to overhaul lenders? management. In a letter to Greek banks, the SSM stressed that any changes to their management can be implemented only after receiving the SSM?s approval.

By Kiel Porter, Aaron Kirchfeld & Marcus Bensasson

Few financiers in London covet a job with a government-owned Greek bank. A glimpse of Pavlos Stellakis’s Bentley or his townhouse in Belgravia might have changed their minds.