EBRD Approves €1 Bln Fund For N.Africa
European Bank for Reconstruction and Development shareholders agreed a 1 billion euro ($1.27 billion) special fund…
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European banks
UK’s Suma Chakrabarti Elected To Head EBRD
The European Bank for Reconstruction and Development, which invests as much as 11 billion euros ($14 billion) a…
World Bank’s Zoellick: Eurozone Needs Funding For Reforms
World Bank President Robert Zoellick said if Greece leaves the eurozone, it would have "ripple effects" comparable…
ECB Stops Loans To Some Greek Banks
The European Central Bank said it will temporarily stop lending to some Greek banks to limit its risk as President…
EBRD Holds First Competitive Leadership Vote
The European Bank for Reconstruction and Development, which invests as much as 11 billion euros (US$14 billion) a…
EU Countries Seek Deal On Basel III Regulations
European Union finance ministers are making a renewed attempt to hammer out an accord on boosting the amount of…
JPMorgan loses $2bn trading loss on investments
JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of at least $2bn (£1.2bn) on complex…
HSBC Q1 Profit Rises 26%
HSBC Holdings Plc (HSBA), Europe’s largest bank, said first-quarter profit rose 26 percent, beating analyst…
IMF Expects EU Banks Deleveraging By $2.6 Trillion
A drastic contraction of European bank balance sheets during the next 18 months could jeopardize financial…
ECB Loans To Portuguese Banks Register Record
Portuguese banks' borrowings from the European Central Bank jumped to a new record in March as they took advantage…
