Smaller banks face issues that are similar to but more pronounced than those of their larger peers: boards are not diverse enough and have too few independent board members.

Read about this and more in the Supervision Newsletter https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/html/index.en.html?utm_source=ecb_Twitter&utm_campaign=220518_basu_newsletter_May_2022

🐦🔗: https://nitter.eu/ecb/status/1527934461605715969