european central bank

German Rep Resigns From ECB Board Amid Policy Disputes

German Rep Resigns From ECB Board Amid Policy Disputes
German Rep Resigns From ECB Board Amid Policy Disputes
September 26, 2019  |  Cross-border Payments

Sabine Lautenschläger, Germany’s representative on the European Central Bank’s executive board, has resigned over the institution’s changes to its monetary policy. Get the Full Story...

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26 EU Central Bankers Set To Grill Libra Execs Today
26 EU Central Bankers Set To Grill Libra Execs Today
September 15, 2019  |  Cryptocurrency

Libra Association representatives are getting ready to face questioning by 26 central banks over the potential peril the proposed cryptocurrency poses to financial strength, the...

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ECB Moves Fuel Global Recession Fears
ECB Moves Fuel Global Recession Fears
September 12, 2019  |  Economy

Gloomy economic clouds keep gathering, and the latest example comes from Europe, as retailers and payment services providers shift more of their focus to the...

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ECB Debuts Bond Buying Initiative; Slashes Deposit Rate To Record Low
ECB Debuts Bond Buying Initiative; Slashes Deposit Rate To Record Low
September 12, 2019  |  Cross-border Payments

The European Central Bank (ECB) is hoping to revitalize the eurozone economy with a stimulus package consisting of a lower main deposit rate and a...

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China Central Bank Said To Ready Crypto Launch
China Central Bank Said To Ready Crypto Launch
September 05, 2019  |  Cryptocurrency

In China, the central bank will debut a state-backed cryptocurrency that initially will be issued to seven institutions in that country, Forbes reported this week. Get...

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IMF’s Lagarde Urges Banks To Keep Open Mind About Crypto
IMF’s Lagarde Urges Banks To Keep Open Mind About Crypto
September 04, 2019  |  Cross-border Payments

International Monetary Fund (IMF) Chair Christine Lagarde said financial supervisors and central banks should be more open to cryptocurrencies, even as they protect consumers, according...

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ECB Warns EU Of Libra’s Potential Threats
ECB Warns EU Of Libra’s Potential Threats
September 02, 2019  |  Cryptocurrency

The European Central Bank is being advised by ECB board member Yves Mersch that Facebook’s Libra could affect its ability to set monetary policy, Reuters...

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ECB Gives Banks More Time To Cover Unpaid Loans
ECB Gives Banks More Time To Cover Unpaid Loans
August 22, 2019  |  Cross-border Payments

The European Central Bank (ECB) is granting eurozone financial institutions additional time to cover unpaid loans after being pressured by Brussels, Reuters reported on Thursday...

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