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Further ECB rate cuts unlikely in the near future, Lagarde says
dpa international via Yahoo Finance· 1 hour agoThe European Central Bank lowered its main interest rates this week for the first time since 2019,...
EU Banks Must Prepare for More Effective Supervision | JD Supra
JD Supra· 3 days agoOn May 28, 2024, the Chair of the Supervisory Board of the European Central Bank ("ECB"), Claudia Buch, announced the decision to reform the current process of annual review ...
How G7 and EU plan to use Russia's frozen assets to help Ukraine
Reuters· 21 hours agoAround 260 billion euros of Russian central bank funds are frozen worldwide, most of it in the EU....
G7, EU want to target banks helping Russia evade sanctions, Bloomberg reports
Kyiv Independent via Yahoo Finance· 7 days agoIn particular, the allies are considering steps against banks using SPFS, Russia's alternative to...
Another Major European Bank Withdraws From Fossil Fuel Financing | JD Supra
JD Supra· 1 day agoThis action echoes a similar pronouncement by BNP Paribas about three weeks ago, when that bank also announced that it would no longer participate in conventional bonds issued ...
EU Funds Face Fresh Pressure to Dump US Stocks Under New ESG Regulations
Bloomberg via Yahoo Finance· 18 hours ago(Bloomberg) -- The US stock market has emerged as the most exposed to divestment after the European...
Will the Fed follow EU’s interest rate cut?
Deseret News via Yahoo Finance· 1 day agoThe divergence in central bank policy strategy between the EU and U.S. is one economists say is a reflection of their respective economies’ current, and...
EU to consider leveraging windfall profits from Russian assets after G7 summit
Reuters via Yahoo News· 3 days agoPaschal Donohoe, who chairs meetings of euro zone finance ministers, said after a video...
Goldman-backed Starling says no plans to pursue EU bank license, expansion to come from software
CNBC· 3 days agoBhatia moved over from OVO Energy Ltd., where he was CEO. AMSTERDAM — Digital bank Starling will not...
The AI balancing act: what can the UK learn from the EU?
TechRadar· 18 hours agoThe UK and EU are pushing for AI leadership, but with critical differences in approach. After the EU...