ECB
Global Markets: US stocks fall for fourth straight session on ECB worries over interest rate hike
Fri, Mar 08, 2019
Dow Jones Industrial Average fell 200.23 points, or 0.78 percent, to 25,473.23, the S&P 500 lost 22.52 points, or 0.81 percent, to 2,748.93 and the Nasdaq Composite dropped 84.46 points, or 1.13 percent, to 7,421.46.
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India Inc foreign borrowing down 45% at $2.42 bn in January.
Mon, Mar 04, 2019
Major borrowers, which tapped resources overseas via automatic route, included Indian Oil Corporation Limited (USD 900 million), Bharat Petroleum Corp (USD 500 million) and Hindustan Petroleum Corp (USD 200 million).
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Euro zone banks may get reprieve until 2021 from ECB bad debt rules
Thu, Mar 15, 2018
According to the guidelines, banks will have two years to fully provision for soured non-secured debt, while in the case of secured loans the deadline will be seven years. The new guidelines were intended to take effect on Jan. 1 but the bank pushed back its deadline to revise the proposal after fierce criticism, particularly from Italy, whose banks have accumulated more bad debt that most in Europe.
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Bubble or breakthrough? Bitcoin keeps central bankers on edge
Mon, Nov 27, 2017
Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble. But it keeps them awake at night because these private currencies threaten their control of the banking system and money supply, which could undermine the monetary policies they use to manage inflation.
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Goldman Sachs to move 1,000 staff from London to Frankfurt due to Brexit: Report
Thu, Jan 19, 2017
US bank Goldman Sachs will move 1,000 staff from London to Frankfurt as part of a post-Brexit reorganisation that will reduce its city headcount by half, German business daily Handelsblatt reported on Thursday.
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ECB rejects Monte Paschi's request for more time to raise cash
Sat, Dec 10, 2016
The European Central Bank (ECB) has rejected a request by Italy`s Monte dei Paschi di Siena for more time to raise capital, a source said on Friday, a decision that piles pressure on the Rome government to bail out the lender.
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Asian shares edge up as markets look to ECB after Italian vote
Wed, Dec 07, 2016
Asian shares edged up on Wednesday as investors covered short positions in European equities as they pondered the ramifications of Italy`s referendum and looked to the upcoming policy meeting of the European Central Bank (ECB).
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Donald Trump, Brexit causing economic uncertainty, says ECB's Mario Draghi
Tue, Nov 29, 2016
Geopolitical events including the election of Donald Trump and Britain`s Brexit vote are the main reasons for the current economic uncertainty, European Central Bank (ECB) chief Mario Draghi told European Union (EU) parliamentarians on Monday.
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Global monetary easing moves hit 200th milestone since January 2015
Wed, Sep 28, 2016
Armenia does not often take the global financial spotlight but a routine rate cut by the tiny former Soviet republic this week marked a global milestone - the 200th case of policy easing worldwide since the start of last year.
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