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PRESS RELEASE

ECB appoints Oliver Wyman as Consultant for the Comprehensive Assessment of Supervised Banks

24 September 2013

The European Central Bank (ECB) has appointed Oliver Wyman to support the preparation and implementation of the comprehensive assessment of the significant banks that will be directly supervised by the ECB. [1]

Oliver Wyman will support the ECB’s management and coordination and will provide financial advisory services for this project, notably in refining the methodology for the assessment.

The ECB will provide, in the course of the coming weeks, further information on the timeline and methodology of the exercise.

  1. [1]Pursuant to Article 33.4 of the Single Supervisory Mechanism Regulation

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