Central Banks
Top ECB officials pledge continued support to euro zone economy
FRANKFURT/MUNICH The European Central Bank needs to continue supporting the euro zone economy with its ultra-loose policy, two of its top officials said on Monday, cementing expectations for an extension of the ECB's bond-buying scheme next month.
2017 is when a decade of global monetary easing ends, says BAML
LONDON Next year will be the first since 2006 that there will be no big monetary policy easing across the world's leading industrialized nations, signifying the end of the 35-year bull market in bonds, Bank of America Merrill Lynch said on Monday.
UK to raise deposit guarantee after pound's Brexit plunge
LONDON The Bank of England (BoE) has proposed raising the guarantee on bank account deposits back to 85,000 pounds from Jan. 30, 2017, to reflect the sharp fall in sterling following Britain's vote to leave the European Union.
Citi becomes first U.S. bank supervised by ECB since Brexit vote
FRANKFURT The U.S. bank Citi on Monday became the first global lender to come under European Central Bank supervision since Britain's vote to leave the European Union - an option several UK-based companies are exploring to keep their access to the single market.
BOJ's Masai - Worried about market shocks due to global uncertainty
SAITAMA, Japan The election of Donald Trump as U.S. President, Brexit, and the weak state of the European Union's financial sector have been named by Bank of Japan board member Takako Masai as possible causes of future global economic weakness and wild financial market swings.
Deutsche Bank chairman's second term not a done deal - investors
FRANKFURT An extension to Deutsche Bank supervisory board Chairman Paul Achleitner's contract is not yet a done deal, several shareholders of Germany's flagship lender told Reuters on Friday.
ECB fears populist backlash after Trump's win - sources
FRANKFURT European Central Bank officials are growing increasingly worried that Donald Trump's victory in the U.S. presidential race may harm the euro zone by hurting trade with the United States and fuelling populism.
ECB's Draghi, Weidmann differ on inflation ahead of key decision
FRANKFURT European Central Bank chief Mario Draghi said on Friday the rebound in euro zone inflation was weak, while his top critic, Bundesbank head Jens Weidmann, said price pressures would build eventually and 'extra care' was needed with even temporary unconventional measures. | Video
Bank sector regulation should not be rolled back - Draghi
FRANKFURT The global banking sector needs to be well regulated and measures already decided should not be rolled back, European Central Bank President Mario Draghi said on Friday as concerns grow that the new U.S. administration would ease bank rules. | Video
ECB warns against mortgage rate setting role for Irish central bank
FRANKFURT A draft law that would give the Irish central bank the power to intervene in the setting of mortgage rates could cause conflicts of interest and damage the Irish banking sector, the European Central Bank said in an opinion published on Friday.
