Europe’s digital euro plan faces revolt — and its crypto rules may hand the US a powerful financial advantage.
Public money, in the form of cash, has long coexisted with bank money. The digital euro would not threaten this duality, only ...
European banks increased their reliance on U.S. dollars last year, Europe's banking regulator said on Monday, amid growing ...
Which banks will lead the way in an AI-enabled, trade-war-torn global corporate marketplace? What characteristics will they have, and how will they play them to their advantage on the field of ...
Citigroup Inc. has held talks with Banco Fomento de Angola about providing dollar and euro clearing services to the African ...
FRANKFURT (Reuters) -The current account surplus of the 20 nations sharing the euro narrowed in July on a lower surplus for services and a smaller primary income, which typically includes the flow of ...
The European Central Bank hopes to launch a digital euro by 2029, pending legal approval, with officials continuing to lay ...
The European Central Bank left its key interest rate unchanged Thursday as inflation remains under control and European businesses weather the impact of higher U.S. tariffs better than expected. The ...
All’s fair in love and politics — and international bank capital rules. US financial watchdogs are making mischief with European standards that give lenders relief by treating the euro zone as a ...
(Reuters) -European shares closed at record highs for the third consecutive session as signs of easing Sino-U.S. trade ...
The Italian economy will grow by 0.7% next year, in line with the government's latest estimate, the country's central bank said on Friday, cutting a 0.9% forecast it made in June due mainly to the ...
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