european central bank

Revolut Chair, Others Eye Buying Monaco’s Banque Havilland
Revolut Chair, Others Eye Buying Monaco’s Banque Havilland
September 23, 2024  |  Acquisitions

Revolut’s chairman is reportedly part of a group aiming to purchase part of Banque Havilland. Martin Gilbert is among the investors in talks to buy the Monaco-based arm...

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Report: Digital Currency Projects Underway in 134 Countries
Report: Digital Currency Projects Underway in 134 Countries
September 17, 2024  |  CBDC

New research shows that 134 countries are exploring central bank digital currencies (CBDCs). Those countries account for 98% of the world’s economy, according to findings released Tuesday...

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Germans Prefer Carrying Cash as CBDC Decision Looms
Germans Prefer Carrying Cash as CBDC Decision Looms
August 18, 2024  |  CBDC

The future of the digital euro could be decided next year.  But as Bloomberg News reported Sunday (Aug. 18), many people in Europe’s largest economy...

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European Central Bank: Swift Outage Affected Real-Time Gross Settlement System
European Central Bank: Swift Outage Affected Real-Time Gross Settlement System
July 18, 2024  |  Banking

The outage at Swift that affected the Bank of England also impacted the European Central Bank. The outage, which lasted for several hours on Thursday...

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Bank of Israel Remains Uncertain About Potential CBDC
Bank of Israel Remains Uncertain About Potential CBDC
July 11, 2024  |  CBDC

The Bank of Israel reportedly plans to wait until another advanced economy launches a central bank digital currency (CBDC) before introducing one of its own....

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ECB Official Says Unregulated Banking Could Threaten Financial Stability
ECB Official Says Unregulated Banking Could Threaten Financial Stability
July 10, 2024  |  Banking

A European Central Bank board member is warning of threats tied to shadow banking. In an interview with the Financial Times published Wednesday (July 10), Elizabeth McCaul said the growth of...

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Federal Reserve Investigating AI’s Potential Impact on Jobs, Economy
Federal Reserve Investigating AI’s Potential Impact on Jobs, Economy
July 02, 2024  |  artificial intelligence

The Federal Reserve is investigating possible effects generative artificial intelligence (AI) may have on productivity, inflation and the labor market, Fed Chair Jerome Powell said...

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European Central Bank Member Calls for Easier Cross-Border Bank Mergers
European Central Bank Member Calls for Easier Cross-Border Bank Mergers
May 29, 2024  |  Banking

European Central Bank (ECB) governing council member Françoise Villeroy de Galhau reportedly said Wednesday (May 29) that mergers of banks in different European countries should...

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EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks
EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks
February 12, 2024  |  Banking

Europe’s new top bank regulator wants lenders to beef up plans for dealing emerging risks. “Many of the issues dominating today’s headlines were inconceivable a decade ago,”...

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