Generally speaking, central banks hike rates when economic growth threatens to overheat, when inflation threatens to drive up the cost of living beyond desirability. Get...
Brexit backlash? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The European Central Bank warned Tuesday (January 22) that eurozone banks are planning on tightening credit standards when it comes to business and housing loans...
The vice president of the European Commission in charge of the euro, Valdis Dombrovskis, said Brussels wants more stringent enforcement of anti-money laundering (AML) rules...
The European Central Bank warned Thursday (Dec. 27) that the economy on a global basis is headed for a slowdown next year. Get the Full...
Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for a banking license in Europe by the European Central Bank. Get...
The European Central Bank is gearing up to launch a network of watchdogs that share information on money laundering in an effort to increase scrutiny...
Banking during the pre-digital days involved transport. One had to visit a branch — and remember, there is a reason people still joke about bankers’...