Joachim Nagel news and trends

ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
CBDC // May 06, 2024

Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if the central bank business model” were “destroyable or not, I would have said no,” Joachim Nagel said on Monday at a Bank...

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German Central Bank: Mergers Must Yield ‘Robust’ Competition

September 18, 2024
The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. “We need strong and robust banks so that companies can tackle and finance their future tasks,” Bundesbank chief Joachim Nagel said while addressing a Commerzbank event in Frankfurt on Wednesday (Sept. 18). “In case of possible mergers, it is important that […]

ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption

May 06, 2024
Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if the central bank business model”...