Tag: Banking
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Bundesbank chief Weidmann quits early
Bundesbank President Jens Weidmann will step down more than five years early. This will open the door for Germany’s new government to pick a less...
BoE ends closed door policymaker briefings with banks
The Bank of England will no longer hold off-the-record briefings between policymakers and individual private sector firms. This is because of the scrutiny over the links...
Development banks linked to nature loss worth $800 BLN per year
Every year, the investments made by public development banks around the world could destroy nature worth $800 billion. Stating this, the researchers urged that there...
Euro zone banks continue to reduce soured credit
Euro zone banks continued to record a decline in soured loans, according to the collected data. This is even as the European Central Bank warned that lenders...
Monzo abandons US banking license bid
British digital bank Monzo, a loss-making bank has withdrawn its application for a U.S. banking licence. This is after more than two years of...