european central bank

European Banks’ Returns Set to Outdo American Counterparts
European Banks’ Returns Set to Outdo American Counterparts
January 08, 2024  |  Banking

Europe’s banks are reportedly set to have a much better year than their U.S. rivals. The KBW Bank Index, made up of the top 24...

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ECB Drafts First Chapters of Digital Euro Rulebook
ECB Drafts First Chapters of Digital Euro Rulebook
January 05, 2024  |  CBDC

The European Central Bank (ECB) Rulebook Development Group (RDG) has drafted the first chapters of a digital euro rulebook. This first draft follows the legislative...

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ECB: No Evidence That AI Has Led to Job Cuts … Yet
ECB: No Evidence That AI Has Led to Job Cuts … Yet
November 28, 2023  |  artificial intelligence

A new report says fears that artificial intelligence will end human employment might be overblown. The study, published Tuesday (Nov. 28) by the European Central Bank (ECB)...

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ECB President Christine Lagarde Says EU Needs Capital Markets Union 
ECB President Christine Lagarde Says EU Needs Capital Markets Union 
November 17, 2023  |  Europe

European Central Bank President Christine Lagarde said the European Union (EU) needs a “European SEC” that will replace the region’s currently fragmented supervision with a more top-down approach...

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European Banks Look to Fee Income as Rate Hikes Slow
European Banks Look to Fee Income as Rate Hikes Slow
November 09, 2023  |  Banking

European banks are investing more in fee-generating operations while waiting for interest rates to fall. The European Central Bank is slowing the pace of interest...

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Digital Euro Begins Two-Year Prep Phase at European Central Bank
Digital Euro Begins Two-Year Prep Phase at European Central Bank
October 18, 2023  |  CBDC

The European Central Bank (ECB) is closer to launching a digital euro. The ECB announced in a Wednesday (Oct. 18) press release that it will...

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Battleground Shapes up in Europe: Digital Euro and Central Banks vs Private Stablecoin Issuers
Battleground Shapes up in Europe: Digital Euro and Central Banks vs Private Stablecoin Issuers
September 05, 2023  |  Cryptocurrency

In Europe, the digital currency battleground is shaping up to be one where the central banks are on one side, and private issuers are on...

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Spanish Official Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
Spanish Official Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
August 25, 2023  |  International

Before making a final decision on the potential launch of a digital euro, the European Central Bank (ECB) must assess the impact of a digital euro on...

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EU Wants Digital Euro to Complement Cash, Not Replace It
EU Wants Digital Euro to Complement Cash, Not Replace It
June 28, 2023  |  CBDC

The European Commission (EC) says a digital euro should complement cash, not replace it. The EC on Wednesday (June 28) published a pair of proposals...

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