Backed Securities

Lagarde will take ECB out of ivory tower: De Guindos in El Pais

Lagarde will take ECB out of ivory tower: De Guindos in El Pais

Published 26/10/2019

FRANKFURT (Reuters) - Christine Lagarde will ensure European Central Bank policymakers climb down from their “ivory tower” and face the political realities of the euro [more…]

‘Never give up!’ Draghi tells Lagarde as he leaves ECB

‘Never give up!’ Draghi tells Lagarde as he leaves ECB

Published 24/10/2019

FRANKFURT (Reuters) - European Central Bank President Mario Draghi told his successor on Thursday to “never give up” on propping up the euro zone economy [more…]

ECB’s tiered rate is cold comfort for euro zone banks

ECB’s tiered rate is cold comfort for euro zone banks

Published 12/09/2019

FRANKFURT (Reuters) - The European Central Bank is giving euro zone banks a small reprieve from a penalty charge on their idle cash but this [more…]

ECB gives banks relief from penalty rate with tiered system

ECB gives banks relief from penalty rate with tiered system

Published 12/09/2019

FRANKFURT (Reuters) - Euro zone banks will be exempted from paying the European Central Bank a penalty charge on idle cash worth six times their [more…]

ECB Draghi: Euro area economy in period of ‘protracted weakness’

ECB Draghi: Euro area economy in period of ‘protracted weakness’

Published 12/09/2019

FRANKFURT (Reuters) - European Central Bank President Mario Draghi said on Thursday that the euro zone economy was in a period of “protracted” economic weakness, [more…]

Euro zone bank profitability may weaken on slowdown: ECB

Euro zone bank profitability may weaken on slowdown: ECB

Published 25/06/2019

FRANKFURT (Reuters) - Profitability across the euro zone bank sector is low and weakening growth could further dampen the sector’s prospects, European Central Bank Vice [more…]

Betting the house: investors demand higher premiums for risky…

Betting the house: investors demand higher premiums for risky…

Published 18/06/2019

SYDNEY (Reuters) - Investors in Australian mortgage bonds are demanding higher premiums to buy the riskiest tranches of new debt, as a slowing economy stokes [more…]

New round of U.S. tariffs a ‘modest’ hit for euro area: ECB

New round of U.S. tariffs a ‘modest’ hit for euro area: ECB

Published 24/04/2019

FRANKFURT (Reuters) - A new round of tariffs between the United States and its main partners would only cause a “modest decrease” in the pace [more…]

With eye on Deutsche-Commerzbank, EU sends too big to fail warning

With eye on Deutsche-Commerzbank, EU sends too big to fail warning

Published 21/03/2019

BRUSSELS (Reuters) - Euro zone banking watchdogs said banks planning mergers should make sure they could be wound down in a crisis, a warning likely [more…]

ECB papers over euro zone cracks with more bank loans

ECB papers over euro zone cracks with more bank loans

Published 08/03/2019

FRANKFURT (Reuters) - The European Central Bank’s fourth round of cheap long-term loans targeted at banks may steer euro zone lenders away from a cliff [more…]