Search Results for: central banks
Have you ever wonder if the European Central Bank makes a profit?
March 19th, 2018
When you think of the European Central Bank (ECB), do you think of a bank aiming to make a profit? It is certainly true that the ECB publish annual accounts, so the profits are there for all to see. But ...
Israel central bank is examining issuing digital currency for faster payments
December 27th, 2017
The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system as well as reducing the amount of cash in the economy, a central bank source said on Sunday, though he stressed ...
Several big banks are teaming up for a new digital currency
August 31st, 2017
Six of the world’s biggest banks have joined a project to create a new digital currency, the Financial Times reported Thursday. The crytocurrency will be used for clearing and settling transactions over blockchain. Barclays, Credit Suisse, Canadian Imperial Bank ...
Markets are focusing for a key meeting of global central bankers; Economic data this week
August 21st, 2017
With economic data thin this week, markets are focusing on any significant policy statements coming out of Jackson Hole, Wyoming. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are among central bankers attending the annual ...
Australian banks to deliver enhanced cross-border payments experience to their customers
June 7th, 2017
SWIFT announces today that the 4 major Australian banks, Australia and New Zealand Banking Group, Commonwealth Bank, National Australia Bank and Westpac are part of over 70 banks around the globe which are now live or planning to implement ...
European Central Bank: Conditions support loan growth
April 26th, 2017
The European Central Bank (ECB) has issued a press release to make publish the results of the April 2017 euro area bank lending survey. Increasing demand and eased lending conditions have been supporting loan growth The ECB’s APP has ...
Italy found a solution for its troubled banks
February 16th, 2017
Italy’s parliament approved a law to plow as much as 20 billion euros ($21 billion) into Banca Monte dei Paschi di Siena SpA and other troubled banks as part of the nation’s efforts to revamp its banking industry. The lower ...
Alert: New wave of cyberattacks against global banks
February 13th, 2017
New wave of cyberattacks against global banks linked to Lazarus cybercrime group Dozens of banks, particularly in the United States and Poland, have been targeted by newly identified malware. An aggressive campaign of malware attacks against dozens of banks ...
Asian Stocks Advance as Banks Rally; Dollar Mixed: Markets Wrap
February 6th, 2017
U.S. jobs data show hiring increase with weaker earnings gains S&P 500 closed within 1 point of all-time high on Friday Asian stocks advanced after the Trump administration’s plan to roll back financial regulations sparked a rally in global bank ...
Yen fell as the central bank moved to reassert control over rising yields
February 3rd, 2017
Shanghai shares slip as trading resumes after holiday Focus turns to U.S. jobs as investors seek clues on economy Japanese government bonds swung and the yen fell as the central bank moved to reassert control over rising yields, while ...
