Central Bank

China To Help Smaller Banks Retain Liquidity
China To Help Smaller Banks Retain Liquidity
June 10, 2019  |  Bank Regulation

China’s central bank announced over the weekend it plans to use several tools to keep liquidity in the market and that it will provide liquidity...

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Post-Baoshang Takeover, China Aims To Reassure Investors
Post-Baoshang Takeover, China Aims To Reassure Investors
June 02, 2019  |  Bank Regulation

China’s Central Bank said over the weekend that there won’t be any more takeover of banks after the government’s intervention with Baoshang Bank, an Inner...

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Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees
Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees
May 31, 2019  |  Loans

Ireland’s central bank announced that it has fined a state-backed mortgage lender €21 million for overcharging its customers. The fine against Permanent TSB, which is...

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Germany’s Central Bank Says Tech Presents Hurdles, Opportunities
Germany’s Central Bank Says Tech Presents Hurdles, Opportunities
May 21, 2019  |  Innovation

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according...

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Liberia’s Lost $100M Found In Central Bank
Liberia’s Lost $100M Found In Central Bank
March 01, 2019  |  International

Two of Liberia’s central bank officials have been detained over widespread malpractice at the bank related to $104 million in missing bank notes. In September, the...

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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
January 15, 2019  |  B2B Payments

Concerns over IT and cyber risk may be speed bumps for FinTechs desiring a national stage, as the Fed eyes access to the nuts and...

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China Puts Visa, Mastercard Applications On Hold
China Puts Visa, Mastercard Applications On Hold
January 14, 2019  |  International

China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar...

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China To Help Private Businesses With Lower-Cost Credit
China To Help Private Businesses With Lower-Cost Credit
January 07, 2019  |  International

Lawmakers in China are looking at ways to help private businesses that are having a hard time refinancing debt, reported Reuters. The report, citing the...

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EU Works To Quell Chaos Post-Bank Failures
EU Works To Quell Chaos Post-Bank Failures
January 07, 2019  |  Banking

Launched in 2016, the Single Resolution Board (SRB) aims to make sure that the failure of one major bank does not impact the EU’s entire...

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