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Tag Archive | "bank"

Bundesbank chief critical of EU finance tax

Wednesday, April 24, 2013

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Jens Weidmann, President of German Federal Bank Bundesbank, speaks on April 24, 2013 in Dresden

The head of the German central bank or Bundesbank warned Wednesday that a planned European financial transactions tax could have unexpected negative implications for monetary policy.

G24 worried about gushing global liquidity

Friday, April 19, 2013

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IMF head, Christine Lagarde, shakes hands with G24 chairman, Luis Videgaray Caso,  in Washington, DC, on April 18, 2013

The Group of 24 emerging and developing countries called on the central banks in rich countries to guard against spillovers that could wreak havoc on their economies.

Bernanke: US economy ‘still far’ from desired state

Monday, April 8, 2013

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Fed Chairman Ben Bernanke attends a news conference at the Federal Reserve headquarters on March 20, 2013, in Washington

Federal Reserve Chairman Ben Bernanke said Monday that the US economy still has far to go to recover to an acceptable state of health.

‘Indications are’ Cyprus banks will open Thursday

Wednesday, April 3, 2013

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A woman rides her bike past a closed Laiki (Popular) Bank branch in Nicosia on March 25, 2013

Cyprus's central bank said "indications are" that the country's banks will reopen on Thursday after a 12-day closure imposed as the country sought an EU-IMF bailout.

UK banks told to fill £25 bn capital black hole

Wednesday, April 3, 2013

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A man leaves a branch of Lloyds TSB bank in central London on March 1, 2013

Major British banks must reinforce their capital by £25 billion ($38.8 billion, 29.5 billion euros) by the end of 2013 after underestimating the potential losses and fines they face over the next three years, the Bank of England said on Wednesday.

Cyprus to impose ‘limits on cash taken abroad’

Wednesday, April 3, 2013

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A policeman guards the doors of the main office of the Bank of Cyprus in Nicosia, on March 26, 2013

Cyprus's central bank will impose capital controls to prevent funds going abroad, limiting what travellers may take out, restricting credit card purchases and slapping a ban on cashing cheques, local media reported Wednesday.

‘Indications are’ Cyprus banks will open Thursday

Wednesday, April 3, 2013

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A woman rides her bike past a closed Laiki (Popular) Bank branch in Nicosia on March 25, 2013

Cyprus's central bank said "indications are" that the country's banks will reopen on Thursday after a 12-day closure imposed as the country sought an EU-IMF bailout.

Ex-Cyprus central bank chief rues EU ‘blackmail’

Wednesday, April 3, 2013

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Ex-Cyprus Central Bank Governor Athanasios Orphanides, pictured on September 12, 2008 in Nice

A former governor of the Central Bank of Cyprus on Friday accused the EU of "blackmail" in its bailout plan for Cyprus and said its approach to the crisis put the entire European project at risk.

ECB threatens to pull plug on funding to Cyprus

Wednesday, April 3, 2013

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A policeman stands next to graffiti, reading "Thieves," at the Laiki (Popular) Bank in Nicosia, on March 20, 2013

The European Central Bank threatened Thursday to pull the plug on its emergency funding to Cyprus unless Nicosia can secure a bailout deal with international creditors by next week.

Bernanke: Cyprus crisis not a major risk to US

Wednesday, April 3, 2013

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People walk past a shop offering sales in Nicosia's Ledra street on March 20, 2013

US central bank chief Ben Bernanke said Wednesday that the Federal Reserve was monitoring the Cyprus crisis but that it was not so far seen as a danger for the United States.

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