European Central Bank Calls for ‘Deeper Understanding’ of Climate Risks May 29, 2019 By Piotr Skolimowski Climate change could hit bank balance sheets with a knock-on effect on financial stability, the European Central Bank warned on...
Insurers Gaining, Banks Losing Ground in Finance, Says European Central Bank Governor May 28, 2019 The role of banks as providers of finance has started to erode in Europe and some other parts of the...
European Central Bank Test Simulates Cyber Attacks on Financial Firms May 3, 2018 The European Central Bank has designed a new test simulating cyber attacks on banks, stock exchanges and other firms that...
Swiss Re Hikes Corporate Debt Holdings, Cuts Risky Government Bonds June 17, 2016 By Jan-Henrik Förster The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to...
Insurers Provide Cover for German Banks Stashing Billions of Euros June 14, 2016 By Jonathan Gould Europe’s top insurers are selling protection to German banks that hoard billions of euros of cash in vaults to avoid...
Europe Deepens Union with ECB as Chief Bank Watchdog December 13, 2012 By John O'Donnell and Robin Emmott Europe clinched a deal on Thursday to give the European Central Bank new powers to supervise euro zone banks from...