The U.S. Treasury can draw up to $700 billion in new funding from its gold revaluation account at the Federal Reserve. Read ...
A bank acting as a settlement lead manager needs a Target2 account. From this, the ECB tokenises the central bank money entitlement and allows the bank to use these tokens as a pre-programmable way to ...
Germany’s economy will probably shrink for a third year in 2025, according to the German Chamber of Commerce and ...
The European Central Bank mustn’t rush further interest-rate cuts, especially as borrowing costs approach a level that ...
Germany's Commerzbank will cut thousands of jobs as the bank battles to fend off a takeover bid from Italian banking giant ...
Chair Powell is minded to cut rates, but not yet. He was balanced, but markets continue to shave the extent of expected cuts.
The lender plans to lay off around 9% of its workforce in a bid to boost returns and convince investors of its standalone ...
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...
WHAT DO Angela Merkel, Olaf Scholz, the Bundesbank, the imf, the OECD, Germany’s biggest trade union, its state-appointed ...
Domestic names have made up nearly two thirds of total Swiss franc bond issuance so far this year, but they took a back seat ...
EUR/NZD firmed on Wednesday after Bundesbank chief also talked about the upcoming German election and both Germany and ...
The ECB should ease policy gradually and not target a difficult-to-define "neutral" interest rate, Bundesbank President Joachim Nagel said on Wednesday, although it needs to be ready to fight for ...