TAG: Banks

Ukraine hopes to avoid economic doomsday of not getting Western financial aid

KYIV — Ukrainians can’t bear to think what will happen if they don’t get the aid that EU leaders hav...

8 months ago

Christine Lagarde makes a poor central banker, ECB staff say 

FRANKFURT — On the global stage, European Central Bank President Christine Lagarde still exudes the...

8 months ago

A quiet revolution rocks central banking 

There’s a quiet revolution happening at the heart of central banking. On the surface, the inconspicu...

8 months ago

Belgian government breaks deadlock over renewal of central bank governor mandate

The parties in Belgium's coalition government have reached an agreement to renew Pierre Wunsch’s man...

8 months ago

2023: The year in figures and charts

2023 was marked by crisis, transition and conflict.As the war in Ukraine dragged into its second yea...

8 months ago

The cold fish deal: How EU spending talks went to Brazil and back ― just in time for Christmas

BRUSSELS / PARIS ― When the VIP vending machine broke down in the early hours of the morning near th...

8 months ago

Germany aims to seize €720M of frozen Russian money

BERLIN — At a time when Germany’s ruling coalition is scrambling to find money due to its still-simm...

8 months ago

Europe to be late arrival at Federal Reserve party

The U.S. is having a party, and Europe is going to be unavoidably late to it. No fewer than four cen...

8 months ago

France steps up efforts to lure post-Brexit financial jobs to Paris

PARIS — As he flies to New York Friday to convince Wall Street firms to invest in Paris, French Fina...

8 months ago

As Germany sneezes, Europe is catching a cold

Germany’s budget mess is threatening to make an already difficult situation worse for the rest of th...

8 months ago

ECB leaves rates unchanged, winds down crisis program early

FRANKFURT — The European Central Bank left its key discount rate unchanged at a record high of 4 per...

8 months ago

Ursula’s empty green Davos promise

Almost a year ago to the day, Ursula von der Leyen traveled to the snowy environs of Davos to make a...

8 months ago

Court dismisses traders’ appeal to overturn convictions for rate rigging

LONDON — Britain's Court of Appeal on Wednesday dismissed an attempt by two former traders to overturn their convictions for interest rate rigging in the lead up to the global financial crisis in 2008.Tom Hayes, a former Libor trader at Swiss bank UBS, wa...

6 months ago

The City of London rejects its latest Brexit benefit

LONDON ― It should be a dream Brexit scenario for the City of London: a chance to break away from the EU and move closer to the U.S.The square mile has been offered the opportunity to modernize with New York and immediately reap the benefits of a faster-m...

6 months ago