ECB to Slap $20 Million Supervisory Fee on Biggest Banks
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The European Central Bank plans to charge lenders as much as 15 million euros ($20.5 million) a year in supervisory fees.
The largest institutions will be hit with annual levies of this size, according to draft proposals from the central bank. Most of the approximately 130 lenders under its direct supervision will pay between 700,000 euros and 2 million euros. About 5,800 banks overseen indirectly will pay between 2,000 euros and 200,000 euros, excluding national charges.