ECB

ANALYSIS-Bond markets look beyond easy ECB money to first rate rise

The timing of a European Central Bank rate rise is fast taking over as the main driver of borrowing costs in the euro area as investors begin to sense that the bank’s massive stimulus scheme may end sooner rather than later. When the ECB said it would halve monthly bond purchases to 30 billion euros […]

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ECB

European bank falls $47 billion short of fund to implement new regulations – EBA

The European banking system is 39.7 billion euros ($47 billion) short of the capital it needs to implement new regulations meant to ensure the world’s banks can withstand financial shocks, the European Banking Authority (EBA) said on Wednesday. The Basel III rules, agreed earlier this month, require banks to hold more capital and cash to […]

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