ECB's Lagarde praises bank mergers
ECB's Lagarde praises bank mergers as UniCredit courts Commerzbank
Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central Bank President Christine Lagarde said on Monday, as Italy's UniCredit pressed for a tie-up with Germany's Commerzbank .
ECB chief backs bank mergers amid UniCredit, Commerzbank talk
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their competitiveness, despite mounting German opposition to a potential tie-up between Commerzbank and Italy's UniCredit.
ECB's Lagarde highlights benefits of bank mergers
Cross border mergers among Europe's biggest banks are needed, European Central Bank President Christine Lagarde said on Monday just as Italy's UniCredit was looking to increase its stake and possibly take over Germany's Commerzbank.
Lagarde Backs Bank Mergers as ECB Prepares for UniCredit Verdict
European Central Bank President Christine Lagarde reinforced her support for international banking tie-ups in the euro zone, saying they can produce many upsides including a greater ability to compete with foreign rivals.
EU Cross-border Banking Mergers 'Desirable': ECB's Lagarde
European Central Bank President Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their competitiveness, as Italy's UniCredit eyes a tie-up with Germany's Commerzbank.
Eurozone economy is facing ‘headwinds,’ European Central Bank’s Lagarde says
The European economy is facing headwinds amid subdued activity in the region’s manufacturing base, ECB President Christine ...
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 ...
European Inflation Drop Raises ECB Rate Cut Chances
European inflation reported in France and Spain slowed in September below the European Central Bank's (ECB) target rate of 2% ...
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 ...
ECB Hopes for More Cross Border Bank Consolidation
FRANKFURT (Reuters) - The European Central Bank will have better quality information in December to make a call on a possible ...
Inflation's down and the European Central Bank has cut rates, again. Next up: The Fed.
With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers ...
UPI19d
European Central Bank cuts key interest rates as inflation falls
ECB President Christine Lagarde ... unemployment rate was broadly unchanged in July, at 6.4%. Related European Central Bank holds interest rates steady European Central Bank cuts ...
ECB’s Lagarde More Confident Of Meeting Inflation Target
The European Central Bank is more confident that inflation is going to settle at its target after a series of recent data ...