Some euro zone banks are restricting lending to boost their performance in financial stress tests this year, a member of the European Central Bank’s (ECB) governing council said on Friday. The ECB will publish health tests of Europe’s biggest banks before it takes over their supervision in November and there […]
Tag: ECB
Banks to repay 7.9 billion euros of ECB crisis loans
Banks will return 7.91 billion euros ($10.71 billion) of crisis loans early to the European Central Bank next week, the ECB said on Friday, driving the amount of excess liquidity down and closer to the threshold where market interest rates could rise. By repaying the ECB’s crisis funds early, banks […]
Exclusive: Banks in Libor probe consider group settlement-sources
A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people familiar with the banks’ thinking said. Such discussions are preliminary, and it is unclear if regulators will enter these […]
