Search Results for: European banks
EU finances the Single Resolution Fund
December 9th, 2015
ECOFIN Ministers reaffirm the importance of deepening the Banking Union in the context of a well-functioning Economic and Monetary Union. Following the successful establishment of the Single Supervisory Mechanism (SSM), we welcome the forthcoming entry into force of the ...
Euroclear: Tougher rules push collateral management in Asia Pacific
December 8th, 2015
Uncertainty remains over how the Asian markets will implement new rules governing collateral movement in the trading of over-the-counter (OTC) derivatives as they move to trading on exchanges next year. The rules on collateral movement are part of broader ...
Asian markets close on three-week lows, weighed by ECB, Fed
December 4th, 2015
Asian equities slumped to three-week lows Friday, following a global sell-off overnight as investors digested comments from the Fed and the European Central Bank (ECB). Overnight, Fed chair Janet Yellen said in a testimony before Congress that recent economic ...
Draghi’s dilemma: ECB’s five options to boost the eurozone economy
December 3rd, 2015
The European Central Bank president is poised to take action to tackle inflation in the single currency bloc. Here are some of his options After October’s meeting of the European Central Bank’s governing council, the bank’s president, Mario Draghi, ...
The Current State of the Swiss Franc
November 30th, 2015
The Swiss National Bank (SNB) kept policy unchanged at the June policy review, leaving their benchmark interest of deposits at -0.75%. The target range for the three month Libor remained unchanged at -1.25% to -0.25%. The SNB repeated ...
Balkan States Woo Chinese Investors
November 30th, 2015
At the ’16 + 1′ summit, which opened on Tuesday, China is deepening its interest in Southeastern Europe, investing in trade, finance, agriculture and infrastructure projects. The 4th annual Economic and Trade Forum between China and 16 countries of ...
Real Estate Investment Trust (REIT)
November 30th, 2015
In the aftermath of the Cyprus economic crisis, one sector that has been suffering for some time now is the real estate and construction industry. One could argue though that a major reason for the crisis is the overexpansion ...
Euro Heads for Biggest Monthly Loss Since March on ECB Outlook
November 30th, 2015
Currency may extend slide toward $1.03, Mizuho’s Karakama says ECB to boost stimulus Dec. 3, Bloomberg economist survey shows The euro headed for its biggest monthly decline since March versus the dollar as economists unanimously forecast the European Central Bank will ...
ECB and the People’s Bank of China successfully test bilateral currency swap arrangement
November 27th, 2015
The European Central Bank (ECB) and the People’s Bank China (PBC) successfully test their bilateral currency swap arrangement The tests serve to confirm operational readiness and are not a precursor to activation of a swap Swap arrangement contributes to ...
ISIS parks its cash in Bitcoin, experts say
November 26th, 2015
Just days after the hacker group Anonymous pledged to hunt down Islamic State members and launch cyberattacks against their accounts, a separate group of techies claims it has identified a key funding avenue for the terror network – bitcoin accounts. Ghost ...
