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Thursday, October 23, 2008
MarketWatch -
Our loan growth was $75 million, or 9%, year-to-date. With much of the world's large financial institutions in turmoil, there has never been a stronger case ... -
Oct 20, 2008
Forbes, NY -
FRANKFURT, Oct 20 (Reuters) - Demand fell short of the amount on offer in the European Central Bank's first foreign exchange swap on Monday. The ECB swapped 15.296 billion euros into Swiss francs to help euro-zone ... -
Oct 20, 2008
Forbes, NY -
PARIS, Oct 20 (Reuters) - The European Central Bank (ECB) does not need to add economic growth to its mandate of preserving price stability, European Commission President Jose Manuel Barroso said in remarks published on Monday. ... -
Oct 20, 2008
Forbes, NY -
ZURICH/FRANKFURT, Oct 20 (Reuters) - The Swiss National Bank and the European Central Bank allotted 22.8 billion euros ($30.66 billion) in the first foreign exchange swap meant to provide Swiss franc liquidity in the euro zone and to revive stalled money markets. ... -
Oct 20, 2008
Forbes, NY -
FRANKFURT, Oct 20 (Reuters) - The European Central Bank called for bids in its main weekly tender on Monday, offering banks unlimited funds at a 3.75 percent fixed rate. Bids are due by 0730 GMT ... -
Oct 20, 2008
AFP -
FRANKFURT (AFP) — The European Central Bank launched on Monday its first ever one-week swap of Swiss francs for euros in a bid to increase flows of the Swiss currency among eurozone commercial banks. Banks requested less than the 20 billion euros (27 billion dollars) worth ... -
Oct 21, 2008
Forbes, NY -
FRANKFURT, Oct 21 (Reuters) - The European Central Bank offered banks unlimited US dollar funds for 28-days on Tuesday, at a fixed interest rate of 2.11 percent. Bids in the tender are due by ... -
Oct 21, 2008
Bloomberg -
By Christian Vits Oct. 21 (Bloomberg) -- The European Central Bank offered banks unlimited amounts of dollars in two new tenders today as it steps up ... -
Oct 21, 2008
AFP -
FRANKFURT (AFP) — The European Central Bank announced on Tuesday a 28-day swap of dollars for euros as part of its exceptional efforts to get cash flowing though clogged interbank lending markets. The ECB said it would charge a flat rate of 8.6 swap points, ... -
Oct 21, 2008
AFP -
FRANKFURT (AFP) — The European Central Bank set at roughly 400 billion euros (530 billion dollars) the amount of euros and dollars it will pump into eurozone money markets in coming days to get cash flowing though the critical but clogged system, in a statement ...
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Oct 21, 2008
Forbes, NY -
FRANKFURT, Oct 21 (Reuters) - The European Central Bank lent euro-zone banks 305.420 billion euros at a flat rate of 3.75 percent on Tuesday, in its latest tender of weekly funds. The ECB said 703 ... -
Oct 21, 2008
Forbes, NY -
FRANKFURT, Oct 21 (Reuters) - Banks' thirst for European Central Bank liquidity remained intense on Tuesday with the central bank lending euro-zone banks 300 billion euros in weekly funds on top of $125 billion in U.S. dollar funds. ... -
Oct 21, 2008
Forbes, NY -
FRANKFURT, Oct 21 (Reuters) - Gold and gold receivables held by euro zone central banks fell by 41 million euros to 220.196 billion in the week ending Oct. 17, the European Central Bank said on Tuesday. Net ... -
Oct 21, 2008
Bloomberg -
By Simon Kennedy Oct. 21 (Bloomberg) -- The European Central Bank's lending to banks and its exposure to possible collateral losses jumped to records last ... -
Oct 21, 2008
Wall Street Journal -
By MONICA HOUSTON-WAESCH and KEITH JENKINS European central banks flooded money markets with temporary cash through new, unlimited funding auctions, helping to drive down key interest rates. Actions by the European Central Bank, the Bank of ... -
Oct 22, 2008
Straits Times, Singapore -
FRANKFURT - THE European Central Bank announced on Wednesday two one-week dollar loans designed to keep the US currency pumping through critical eurozone money markets. ... -
Oct 22, 2008
Forbes, NY -
FRANKFURT, Oct 22 (Reuters) - The European Central Bank offered banks unlimited 7-day US dollar funds on Wednesday in a fixed-rate liquidity operation and foreign exchange swaps. Bids in the parallel operations are due by 0745 ... -
Oct 22, 2008
Forbes, NY -
FRANKFURT, Oct 22 (Reuters) - Overnight deposits at the European Central Bank inched back up on Wednesday, remaining above 200 billion euros ($263.8 billion) for the fifth working day in a row. Banks deposited 230.791 ... -
Oct 22, 2008
Irish Times, Ireland -
The European Central Bank injected dollars into the euro-region banking system for a second day this week to encourage lending among financial institutions. The Frankfurt-based bank said it loaned banks $68 billion (€52.6 billion) in a seven-day dollar tender at ... -
Oct 22, 2008
Forbes, NY -
VIENNA, Oct 22 (Reuters) - The European Central Bank has acted in a wise manner in terms of monetary policy, ECB Governing Council member Ewald Nowotny was quoted on Wednesday as saying. 'The policy of the ...
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