Which banks are now under direct ECB supervision?

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Banks Under Direct ECB Supervision Have Increased in Size and Complexity

The European Central Bank (ECB) will directly supervise 117 large banks from the next year, a slight decrease from 119 at the start of 2019. These institutions are generally becoming larger and more complex, with four major investment banks having increased their eurozone presence and subsequently falling under ECB oversight due to Brexit-related relocations.
Investment Banks Relocating Ahead of Brexit

Four significant investment banks, UBS, JP Morgan, Morgan Stanley, and Goldman Sachs, have been brought under direct ECB supervision. This move is a direct consequence of their operations being relocated to the eurozone in anticipation of Britain's departure from the European Union.
New Entrants to ECB Oversight

In addition to the investment banks, the Italian banking group Cassa Centrale Banca – Credito Cooperativo will also come under the ECB’s direct supervision from next year. This addition stems from a consolidation within Italy's cooperative banking sector, driven by legislative changes.
German Banks Remaining Under National Supervision

Conversely, three German development banks, namely LBBW, Landwirtschaftliche Rentenbank, and NRW.BANK, will continue to be supervised at the national level by Germany's financial markets watchdog, Bafin. This arrangement follows a successful lobbying effort by these institutions.

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Which banks are now under direct ECB supervision?

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