ECB needs fresh powers to intervene in bank failures, says supervisor
The European Central Bank needs fresh powers to freeze payments temporarily at banks heading towards failure, halting a potentially fatal...
Read moreDetailsThe European Central Bank needs fresh powers to freeze payments temporarily at banks heading towards failure, halting a potentially fatal...
Read moreDetailsCentral banks globally have spent years fruitlessly trying to awaken long-dormant inflation, and some analysts say it's time to stop...
Read moreDetailsGlobal credit growth in 2017 is likely to stabilise following a slowdown in 2016, but remains at a record low...
Read moreDetailsOil prices rose Friday as the U.S. petroleum industry braced for Hurricane Harvey, which could become the biggest storm to...
Read moreDetailsThe FTSE 100 closed down 0.08 per cent at 7,401.46 Friday, after a dramatic week on the markets which saw...
Read moreDetailsSelf-driving lorries are to be tested on UK roads by the end of next year, the government has said. The...
Read moreDetailsReforms put in place after the 2007 to 2009 crisis have strengthened the financial system without impeding economic growth, and...
Read moreDetailsThe billionaire head of South Korea’s Samsung Group, Jay Y. Lee, was sentenced to five years in jail for bribery...
Read moreDetailsNigeria’s United Bank for Africa (UBA), Friday lifts the earlier restriction on its cards usage for transactions with online jewellery...
Read moreDetailsIranian entrepreneur Mehdi Nayebi received an email in mid-August, from Apple Inc.’s App Store Review. His application, AloPeyk, a delivery service in...
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