United Kingdom

Francesco Canepa

Scandal-hit Euribor's rebirth will still rely on bankers' judgement

12 Feb 2019

FRANKFURT The survival of Euribor interest rates, which have been marred by a manipulation scandal, will rely on the "judgement" of some of the very banks that rigged them only a few years ago, under a new methodology proposed on Tuesday.

Key ECB supervision role to go unfilled in board-room impasse

08 Feb 2019

FRANKFURT A key euro zone banking supervision role is set to go unfilled for an indefinite time after ECB chief Mario Draghi failed to pick a successor in an unprecedented impasse at the crucial euro zone institution, sources familiar with the matter said.

Draghi's long farewell may delay ECB guidance move - sources

05 Feb 2019

FRANKFURT Some European Central Bank policymakers are reluctant to alter their guidance on interest rates as a move could tie the hands of the bank's next president many months before an appointment is even made, four sources close to the matter said.

ECB's Draghi warns of weaker growth ahead

24 Jan 2019

FRANKFURT European Central Bank President Mario Draghi acknowledged on Thursday that economic growth in the euro zone was likely to be weaker than earlier expected due to the fall-out from factors ranging from China's slowdown to Brexit | Video

ECB to acknowledge weak growth but keep policy unchanged

23 Jan 2019

FRANKFURT, Jan 24 The European Central Bank is all but certain to keep policy unchanged on Thursday but may acknowledge a sharp slowdown in growth, raising the prospect that any further policy normalisation could be delayed.

Testing times from Beijing to Wall Street

18 Jan 2019

FRANKFURT If you were surprised by this month's bounce in global stock markets, next week may tell you if you should join in or stay out.

ECB calls in administrators to save Italy's Carige

02 Jan 2019

MILAN/FRANKFURT The European Central Bank appointed three temporary administrators on Wednesday to take charge of Italy's Carige bank in an unprecedented effort to save the struggling lender after it failed to raise new capital. | Video

ECB ditches test used to hire hundreds after answers found online

19 Dec 2018

FRANKFURT The European Central Bank said answers to an online test it used since 2014 but had been warned about by staff were available online to job applicants, and admitted some candidates may have cheated.

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