Central Banks

Europe can't count on ECB alone in Greek crisis - French minister


AIX-EN-PROVENCE, France - Greece and international creditors must find a compromise in the country's debt crisis and not count only on support from the European Central Bank, French Economy Minister Emmanuel Macron said.


Euro zone businesses shrug off Greek fears; growth reaches four-year high - PMI 03 Jul 2015

LONDON - - Euro zone business activity expanded at its fastest pace in four years last month as the European Central Bank's stimulus package more than offset fears Greece could crash out of the currency union, surveys showed. | Video


Factbox - What can the Swiss central bank do to stem the franc's rise? 03 Jul 2015

ZURICH - Switzerland's central bank is fighting to keep the value of the franc down as Greece enters a new period of uncertainty and political turmoil that may spur safe-haven inflows into the currency.

China's 'shadow lenders' line pockets even as bourses bomb 03 Jul 2015

SHANGHAI/BEIJING - China's vast network of "grey market" lenders have reaped big profits from lending money to individuals and companies to buy stocks, but as markets slump their customers face heavy losses after borrowing up to 10 times their starting capital.

Wall Street banks stick with September lift-off for Fed, maybe - Reuters Poll 02 Jul 2015

NEW YORK - Wall Street's top banks still target September for the Federal Reserve to raise interest rates for the first time in nearly a decade, but their conviction on that has diminished notably in the last month thanks to inconsistent economic data and uncertainty about how the Greek debt crisis will play out.


Mixed U.S. jobs report dampens September rate hike bets 02 Jul 2015

WASHINGTON - U.S. job growth slowed in June and Americans left the labour force in droves, tempering expectations for a September interest rate hike from the Federal Reserve. | Video


RBC, BMO grab top spots in Canadian M&A adviser rankings 02 Jul 2015

TORONTO - Royal Bank of Canada and Bank of Montreal were the top two advisers on Canadian M&A deals in the first half of 2015, a period during which the overall dollar value of deals surged despite a decline in the actual number of transactions.


Fed's policy action to drive euro over coming year, not Greece - poll 02 Jul 2015

- The pace and timing of U.S. Federal Reserve interest rate hikes will continue to be the prime driver of where the euro trades in the coming year, not what happens to Greece, a Reuters poll of foreign exchange strategists found.


ECB adds to quantitative easing list, extending crisis tools 02 Jul 2015

LONDON - The European Central Bank added 13, mainly infrastructure-focused, government-linked agencies to its 1 trillion euro quantitative easing (QE) buying list on Thursday.


Bank of England says primed for action over Greek crisis 02 Jul 2015

LONDON - The Bank of England said on Wednesday it stood ready to take any action required in response to Greece's worsening debt crisis, and warned that lack of liquidity left financial markets vulnerable to a sell-off.