Posted by Reuters: Business News on February 4, 2012
FRANKFURT (Reuters) – Deutsche Boerse’s chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext , a member of the German exchange operator’s supervisory board told a newspaper.
Posted by Reuters: Business News on February 2, 2012
FRANKFURT (Reuters) – Deutsche Bank posted a fourth-quarter pretax loss after investment banking wilted amid the sovereign debt crisis, and as bad investments and litigation charges spoiled Josef Ackermann’s final earnings presentation as chief executive.
Posted by Reuters: Business News on January 25, 2012
FRANKFURT (Reuters) – The European Central Bank has ruled out taking voluntary losses on its Greek bond holdings but is now debating how it would handle any forced losses and whether to explore legal options to avoid such a hit, central bank sources told Reuters on Wednesday.
Posted by Reuters: Business News on January 16, 2012
FRANKFURT (Reuters) – Commercial banks parked almost half a trillion euros at the European Central Bank, the highest on record, as the mix of debt crisis worries and a recent giant injection of ECB cash left banks awash with money but too scared to lend it.
Posted by Reuters: Business News on January 12, 2012
FRANKFURT (Reuters) – The European Central Bank’s flood of cheap three-year money is helping the euro zone’s banking system substantially and supporting confidence in the bloc’s economy which is showing some signs of stabilization, its president said on Thursday.
Posted by Reuters: Business News on
FRANKFURT (Reuters) – The European Central Bank left interest rates on hold on Thursday, pausing to assess the impact of back-to-back cuts and a slew of other measures it unleashed late last year that are showing some signs of helping fight the euro zone debt crisis.
Posted by Reuters: Business News on January 11, 2012
FRANKFURT (Reuters) – The European Central Bank should ramp up its buying of troubled euro zone debt to support Italy and prevent a “cataclysmic” collapse of the euro, David Riley, the head of sovereign ratings for Fitch, said on Wednesday.
Posted by Reuters: Business News on January 7, 2012
FRANKFURT (Reuters) – European Central Bank policymaker Athanasios Orphanides called for euro zone leaders to abandon plans to make private sector investors help reduce Greece’s debts, but his push showed no sign of gaining any traction in Europe’s capitals on Friday.
Posted by Reuters: Business News on January 6, 2012
FRANKFURT (Reuters) – European Central Bank policymaker Athanasios Orphanides called for euro zone leaders to abandon plans to make private sector investors help reduce Greece’s debts, but his push showed no sign of gaining any traction in Europe’s capitals on Friday.
Posted by Reuters: Business News on
FRANKFURT (Reuters) – European Central Bank policymaker Athanasios Orphanides called for euro zone leaders to abandon plans to make private sector investors help reduce Greece’s debts – a move likely to get little traction with the currency bloc’s paymaster, Germany.
