banking

The European Central Bank (ECB) and Banca Naţională a României (BNR) have agreed to renew the repo line arrangement to provide euro liquidity to the BNR.

Press Release

April 2022 euro area bank lending survey

April 12, 2022

According to the April 2022 euro area bank lending survey (BLS), credit standards – i.e. banks’ internal guidelines or loan approval criteria – for loans or credit lines to enterprises tightened (net percentage of banks standing at 6%, see Chart 1) in the first quarter of 202

Press Release

UBS joins the Green Software Foundation as steering member

April 7, 2022

As part of its ongoing commitment to drive more sustainable practices, UBS, the world’s leading wealth manager, has joined the Green Software Foundation as a steering member.

Press Release

Pandemic did not impair financial integration in the euro area, ECB report shows

April 6, 2022

The financial fragmentation in the euro area that occurred at the start of the coronavirus (COVID-19) pandemic was reversed relatively quickly, the European Central Bank (ECB)’s latest report on Financial Integration and Structure in the Euro Area shows.

Press Release

IOSCO welcomes ISSB’s publication of sustainability standards exposure drafts

March 31, 2022

The International Organization of Securities Commissions (IOSCO) welcomes the publication of the Exposure Drafts of proposed climate and general sustainability disclosure requirements. These have been published today for public consultation by the International Sustainability Standards Board (ISSB).

Press Release

The General Board of the European Systemic Risk Board held its 45th regular meeting on 24 March 2022

March 31, 2022

At its meeting on 24 March 2022, the General Board of the European Systemic Risk Board (ESRB) expressed its full solidarity with the people of Ukraine. The General Board noted that the Russian invasion of Ukraine has led to heightened uncertainty and a multiplication of tail risk scenarios, implying a perceptible increase in financial stability risks in the European Union (EU).

Press Release

State Street Appoints New Country Head of State Street Bank International in France

March 29, 2022

London, 29 March 2022 – State Street Corporation (NYSE: STT) today announced the appointment of Christophe Baurand as country head of France. Reporting to Denis Dollaku, Executive Management Board member of State Street Bank International GmbH, Christophe began his new role on 1st February 2022.

Press Release

ECB agrees euro liquidity lines with non-euro area central banks until 15 January 2023

March 28, 2022

The European Central Bank (ECB) and Narodowy Bank Polski have agreed to set up a precautionary swap line to provide euro liquidity to financial institutions in Poland.

Press Release

ECB clarifies common approach to policy choices offered by European banking rules

March 28, 2022

The European Central Bank (ECB) today updated its policies outlining how it exercises options and discretions when supervising banks, following a public consultation which ended on 30 August 2021.

Press Release

Chase launches new saver account with market-leading 1.5% rate

March 28, 2022

Digital bank, Chase, has today launched a new savings option for UK customers.

Press Release

ECB takes decisions related to RCB Bank phasing out its banking operations

March 24, 2022

The European Central Bank (ECB) has taken the following decisions related to RCB Bank Ltd’s decision to voluntarily phase out its banking operations.

Banking News

Airbnb’s Hryvnia support makes up for Ukraine’s War Bonds

March 14, 2022

Last week Bloomberg suggested that Ukraine's War Bonds were not selling well. Airbnb is doing far more to help prop up Ukraine's Hryvna

Press Release

ECB sanctions Bank of Cyprus for transferring liquidity to subsidiaries without approval

March 11, 2022

The European Central Bank (ECB) has imposed an administrative penalty of €575,000 on Bank of Cyprus Public Company Ltd (Bank of Cyprus) after it transferred liquidity to its operating subsidiaries without seeking prior approval from the supervisor.

Press Release

Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud

November 29, 2021

Founded in 2014 by former Google engineer Paul Taylor, Thought Machine provides modern, cloud native core banking technology to some of the largest and most ambitious banks in the world. Many of Thought Machine’s investors are also clients, including Lloyds Banking Group, Standard Chartered, SEB and others – signalling to the market Thought Machine’s critical role in the future of global banking technology.

Press Release

Klarna launches the Money Talks card game to encourage open conversations around money

November 11, 2021

Klarna, the leading global banking, payments and shopping service, has launched the Money Talks card game to spark genuine and meaningful conversations around spending, saving and shopping to help break the stigma around money.

Press Release

Klarna acquires PriceRunner to strengthen banking offer for its 90m global consumers

November 2, 2021

Klarna, a leading global retail bank today announces it has signed an agreement to acquire PriceRunner. PriceRunner will bring new features in the form of product reviews, rich product discovery and price comparisons to the Klarna app to enhance the shopping, payments and banking experience for consumers globally.

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