European Central Bank chief Mario Draghi is likely to prep markets for an extension of a huge monetary stimulus programme later today (20 October) after investors were rattled by talk that massive bond purchases may be drying up.
Financial institutions based in Britain will lose so-called passporting rights allowing them to operate across the European Union unless post-Brexit Britain is at least part of the European Economic Area, ECB policymaker Jens Weidmann has said.
A German politician said on Thursday (18 August) he was trying to persuade foreign banks to make Frankfurt their home after Britain's vote to leave the European Union, and outlined how Europe's biggest economy wants to bolster its financial capital at London's expense.
Germany's Constitutional Court confirmed on Tuesday (17 May) it has received a complaint against the European Central Bank's monetary policy, as reported by the Welt am Sonntag newspaper at the weekend.
Faced with a series of unprecedented difficulties, the EU has little choice but to move forward swiftly to the next stage of integration. The way to do that is through treaty change, argues Anfrew Duff in his latest pamphlet 'The Frankfurt Protocol'.
Violent clashes between anti-austerity protesters and German police left dozens injured and a trail of destruction in Germany's financial capital as the European Central Bank opened its new headquarters Wednesday.
When the European Central Bank officially inaugurates its new headquarters in Frankfurt on Wednesday (18 March), as many as 10,000 people from around Europe are expected to show up to join an anti-austerity demonstration.
The European Central Bank (ECB) took the ultimate policy leap today (22 January), launching a government bond-buying programme which will pump hundreds of billions of new money into a sagging eurozone economy.
The chair of the eurozone’s new single supervisory mechanism sought to soothe nerves yesterday (3 November) before the Frankfurt-based body starts supervision today of 120 of Europe’s largest banks, including several carrying too much debt.
Lending to eurozone households and companies contracted at a slower pace in September, and money supply grew faster than expected, suggesting that a cycle of tightening credit conditions in the bloc is gradually coming to an end.
European Central Bank (ECB) plans to bolster lending to business were dealt another setback on Friday after banks decided to repay billions of euros of cheap ECB credit, sapping money available to lend to business.
For the first time since the financial crisis struck in 2008, the European Union is carrying out stress tests that could force change at banks with strong political connections, such as Germany's regional banks - the "Landesbanken".
The European Central Bank invited banks on Tuesday (16 September) to bid for a fresh round of long-term loans it hopes will stimulate lending to businesses and reinvigorate the eurozone economy, but which may see only modest take-up.
Yields on the eurozone's lower rated debt fell on Friday as the European Central Bank's rate cuts and openness to a large scale bond buying programme pushed investors towards riskier assets in their quest to maximise returns.