• Optimistic on banking deal, there’s a lot to be worked out
  • New options on legal backing of resolution fund
  • Tonight we must get as far as possible

ECB’s Jorg Asmussen says he doesn’t expect a deal on the SRM today but differences have narrowed.

Lithuania’s Rimantas Sadzius says that there are strong chances of a deal on the bank failure set up.

France’s Pierre Moscovici says progress has been made on resolution talks

Still lots to be done as they want to get the final details nailed down by the year end so it can go to parliament