How does the U.S. economy do it? Europe is floundering.
The European Central Bank is expected to keep interest rates unchanged when it concludes its monthly policy meeting Thursday despite further signs that the 18-country eurozone economy is losing...
Asian stock markets were lackluster Thursday as traders turned cautious ahead of a U.S. jobs report and the monthly policy meeting of the European Central Bank.
A crackdown by U.S. regulators on European banks has European Central Bank officials concerned that the stiff penalties could further destabilize Europe’s already fragile banking system.
The European Central Bank’s long-time spokesperson will leave to head up the communications division of Germany’s largest lender.
The European Central Bank held its main refinancing rate at 0.5%, matching Wall Street’s expectations.
European Union regulators published guidelines to stop the rigging of Libor in an interim measure before a more far-reaching EU law comes in.
The bank's chairman said the pace of reform in the banking industry must be accelerated to avoid investor confidence in the sector being undermined.
Central bankers around the world continue to have unprecedented influence over global financial markets.