ECB profit falls by 30% in 2020
The European Central Bank profits in 2020 declined by 30% in comparison with 2019, mainly due to lower returns on its US dollar portfolio. The ECB profit fell to €1.6 billion ($1.93 billion), from €2.4…
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The European Central Bank profits in 2020 declined by 30% in comparison with 2019, mainly due to lower returns on its US dollar portfolio. The ECB profit fell to €1.6 billion ($1.93 billion), from €2.4…
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Regulator’s priorities will include climate risk disclosures and financial sector diversity by : Source link
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The UK’s Financial Conduct Authority has opened a consultation on measures to increase the ethnic and gender diversity of stock exchange listed firms’ boards, by asking for responses on whether it should mandate such firms…
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Blockchain technology proved able to process hundreds of thousands of instant transactions in a digital euro experiment carried out by eurozone national central banks. The exercise was part of the preliminary work leading up to…
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Robert Binder, Daniel Kämmerer and Daniel Münch of BearingPoint RegTech explore the architectural principles crucial for successful supervisory technology – or SupTech – applications, and examine the future of regulatory reporting in this context, with the flexibility…
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The Biden administration’s $1.9 trillion stimulus is likely to trigger spillovers worldwide and could strengthen the case for the Bank of England to ease policy further, Hélène Rey said on March 8. Rey, a professor of…
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Japan’s three-decade strategy to finance its ever-growing public debt load may have reached its limits due to losses of public companies and volatile sovereign bond market. This is the conclusion of the research work, Japan’s public…
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Most firms have little knowledge of Fed policy, the authors say US firms have little understanding of monetary policy and their inflation expectations deviate “dramatically” from those of professional forecasters, new research finds. The working…
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The Monetary Authority of Singapore (MAS) has published a sustainability report for the first time, setting out the central bank’s work to green Singapore’s finance sector and its own operations. The policies include the central…
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The Swiss National Bank’s profits dropped in 2020 by over 59% in relation to 2019, the central bank said today (March 2). The SNB reported profits of Sfr20.9 billion ($22.8 billion), down from Sfr48.9 billion…
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