Central Bank

EU Central Bank Taps Former Goldman Sachs Banker As Regulator

EU Central Bank Taps Former Goldman Sachs Banker As Regulator
EU Central Bank Taps Former Goldman Sachs Banker As Regulator
July 11, 2019  |  Banking

The European Central Bank (ECB) has brought on Elizabeth McCaul as a banking supervisor, according to a report by Reuters. Get the Full Story Complete...

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Irish Central Bank Fines Wells Fargo 5.9M Euros
Irish Central Bank Fines Wells Fargo 5.9M Euros
July 05, 2019  |  Banking

Ireland’s central bank has fined Wells Fargo 5.9 million euros, according to a report by Reuters. The fine is the second biggest ever issued by...

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German Central Bank Head Warns About Crypto Use
German Central Bank Head Warns About Crypto Use
June 21, 2019  |  Cryptocurrency

The head of Germany’s central bank warned about stablecoins, which are cryptocurrencies tied to traditional currencies, according to a report by Reuters. Get the Full...

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China Aims To Fight Money Laundering With Int’l Cooperation
China Aims To Fight Money Laundering With Int’l Cooperation
June 19, 2019  |  Cross-border Payments

In an effort to clamp down on cross-border money laundering, the People’s Bank of China (PBOC) plans to bolster cooperation with other nations such as...

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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. Get the Full Story Complete the form...

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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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