Financial Regulatory Forum

SCENARIOS-ECB options to deal with liquidity-addicted banks

September 20, 2010

FRANKFURT, Sept 20 (Reuters) – European Central Bank policymakers are mulling ways to tackle the problem of lenders addicted to central bank liquidity, which is complicating its exit from extraordinary crisis lending measures.

SNAP ANALYSIS-ECB’s Wellink vulnerable after report on DSB bank failure

June 29, 2010

By Ben Berkowitz

AMSTERDAM, June 29 (Reuters) – A scathing report on the failure of Dutch bank DSB is likely to revive calls for European Central Bank governing council member Nout Wellink to step down early from some or all of his roles.

ANALYSIS-Central banks’ police job may cloud monetary tasks

April 26, 2010

  By Krista Hughes and Mark Felsenthal
   FRANKFURT/WASHINGTON, April 26 (Reuters) – Major central banks are taking on a new role of finance police in the wake of the global financial crisis but they could find their hands more tied as a result. (more…)

Euro zone holds intensive talks on Greek rescue

February 10, 2010

By Matthias Sobolewski and Renee Maltezou

BERLIN/ATHENS, Feb 10 (Reuters) – Euro zone countries held intensive talks on Wednesday on a possible rescue for Greece, whose debt crisis has shaken the entire currency union, as civil servants staged the first big strike against Athens’ austerity plans.

European governments agree to help Greece – source

February 9, 2010
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By Matthias Sobolewski

BERLIN, Feb 9 (Reuters) – European governments have agreed in principle to help heavily indebted Greece, a senior German coalition source said on Tuesday, in what would be the first rescue of a euro zone member in the currency’s 11-year history.

ECB says can’t bail out Greece, sees contagion risk

February 9, 2010

By Boris Groendahl and Terhi Kinnunen

VIENNA/HELSINKI, Feb 9 (Reuters) – Greece must get its own house in order itself as the European Central Bank cannot bail it out, two ECB policymakers reiterated on Tuesday.

Countries need timely exit from bank support – ECB’s Bini Smaghi

January 29, 2010

MILAN, Jan 29 (Reuters) – The support measures put in place by governments and central banks to help the banking system are becoming less necessary and their withdrawal must be timely, a top European Central Bank policymaker said on Friday.

Major central banks to end emergency dollar lending

January 28, 2010

By Kristina Cooke and Marc Jones

NEW YORK/FRANKFURT, Jan 27 (Reuters) – Major central banks on Wednesday said they will stop the emergency U.S. dollar lending introduced during the financial crisis, a significant milestone indicating growing confidence that the financial system is returning to health.

European Central Bank says E.Europe bank-asset risks remain

December 18, 2009

By Boris Groendahl

VIENNA, Dec 18 (Reuters) – Western European banks could still be hit by a further rise in bad debt in emerging Europe if the economic downturn is worse than expected or if currencies decline, the European Central Bank (ECB) warned on Friday.

European Central Bank welcomes new role in new European supervisory body

November 4, 2009

  FRANKFURT, Nov 4 (Reuters) – The European Central Bank welcomed plans to give it the key role in a new European supervisory body, saying it would neither distract it from ensuring price stability nor create a threat to its independence.