Banking And Credit

Central banks warned to weigh risks of virtual currencies

Mar 12, 2018

A new report warns central banks should carefully weigh the risks before introducing virtual currencies using the technology that enables bitcoin

European Central Bank: Trump tariff move 'dangerous'

Mar 8, 2018

Europe's top monetary official denounced U.S. President Donald Trump's proposal to put tariffs on steel and aluminum imports as a "dangerous" unilateral move

The Latest: ECB's Draghi concerned by potential US tariffs

Mar 8, 2018

European Central Bank head Mario Draghi has expressed concern about U.S. President Donald Trump's announced trade measures, saying the immediate spillover "is not going to be big" but that "unilateral decisions are dangerous."

European Central Bank omits from statement promise to ramp up stimulus if needed, seen as a step toward exiting program

Mar 8, 2018

European Central Bank omits from statement promise to ramp up stimulus if needed, seen as a step toward exiting program

European Central Bank leaves key interest rates, monetary stimulus program size unchanged

Mar 8, 2018

European Central Bank leaves key interest rates, monetary stimulus program size unchanged

European Central Bank chief: Economy still needs stimulus

Feb 26, 2018

European Central Bank head Mario Draghi says the eurozone economy still needs abundant stimulus to raise inflation to more normal levels even in the midst of a strengthening recovery

European Central Bank says Latvia's ABLV failing, to wind up

Feb 24, 2018

The European Central Bank says it has determined that Latvia's crisis-struck ABLV Bank is failing or likely to fail, and says the bank will be wound up under its home country's law

European Central Bank hints at revising stimulus outlook

Feb 22, 2018

The minutes to the last policy meeting of the European Central Bank are showing that policymakers could tweak the language accompanying the bank's stimulus program as soon as March

Global stocks slip in Europe as investors remain skittish

Feb 8, 2018

Global stocks are mixed, with European stocks declining after gains in Asian, as investors appeared skittish after this week's financial turmoil

Top global banking official warns of virtual currency risks

Feb 6, 2018

A top international banking official says that central banks should be prepared to intervene to prevent virtual currencies becoming a threat to financial stability

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