The Disruptive Bank Deal Everyone Wanted—Until It Happened
UniCredit’s effort to buy Germany’s Commerzbank is a test of a broader project to revive Europe’s vitality and stature in the ...
Marketplace3d
Central banks started cutting interest rates months before the Fed
The Fed finally cut interest rates last week, joining a global party consisting of several banks across the world.
European Central Bank is likely to cut once more in December
Our central scenario still has the ECB holding its deposit rate at 3.5 per cent in October and cutting to 3.25 per cent in December, but we have recalibrated the probability of back-to-back cuts in ...
European Banks Are Factoring Climate Risks Into Loans, ECB Says
European banks are factoring climate risks into the terms of mortgages they grant, although they don’t fully grasp the ...
Swiss central bank cuts rates by a quarter point in third trim this year
The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate ...
The New York Times17d
European Central Bank Cuts Rates for Second Time in Three Months
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy. Source: European Central Bank By The New York ...
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
Swiss National Bank hints at further rate cuts after latest reduction
The Swiss National Bank reduced interest rates by 25 basis points on Thursday, echoing steps to lower borrowing costs by the ...
Markets round-up: China growth measures drive up European stocks
Chinese stimulus policies boosted stock markets across Europe, particularly in sectors more exposed to Chinese consumer ...
Deutsche Bank says now expects a faster ECB rate-cutting cycle
Deutsche Bank said on Thursday it now anticipated a faster European Central Bank rate-cutting cycle, with back-to-back quarter-point rate cuts starting from December.
EU Bank Profitability Hit Record Just as ECB Started Rate Cuts
The profitability of Europe’s top banks hit a record high just as the European Central Bank cut interest rates for the first ...
Business Times3d
Swiss central bank lowers rates and flags further cuts as inflation eases
THE Swiss National Bank reduced interest rates by 25 basis points on Thursday (Sep 26), echoing steps to lower borrowing ...