Tag Archive | "bank"

ECB ‘in danger of overload’, says chief economist

Friday, July 12, 2013

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Peter Praet speaks at the German finance ministry on April 19, 2012

The European Central Bank risks being overloaded by its new and huge task of watching over banks, executive board member Peter Praet warned in a newspaper interview on Friday.

New Bank of England boss faces stimulus battle

Sunday, June 30, 2013

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Canadian Mark Carney, pictured in May, 2013, begins his job as governor of the Bank of England on Monday

Canadian Mark Carney begins his job as governor of the Bank of England on Monday, joining an institution divided on whether to pump out more cash stimulus to boost Britain's fragile economic recovery.

Departing Bank of England chief lashes out at banks

Tuesday, June 25, 2013

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Bank of England governor Mervyn King has been in charge of the cental bank since July 2003

Bank of England governor Mervyn King, who steps down this week, on Tuesday attacked commercial banks for their intense political lobbying against new rules on capital reserves.

Indonesia moves to back up rupiah amid outflow

Wednesday, June 12, 2013

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A teller counts Indonesian rupiah banknotes at a currency exchange point in Jakarta on July 19, 2012

Indonesia's central bank has moved to shore up its rupiah currency after it hit a four-year low, as foreign investors exit emerging markets due to expectations that huge stimulus schemes in the developed world will soon end.

Germany’s Bundesbank chief says France must cut deficit

Wednesday, May 22, 2013

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Bundesbank chief Jens Weidmann answers questions during press conference in Dresden, on April 24, 2013

The head of Germany's Bundesbank, Jens Weidmann, said France needs to make additional efforts to reduce its public deficit, in an interview published Wednesday.

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.

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.

‘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.


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