ECB's multi-trillion payments breakdown sends shudders through Europe
Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's ...
Europe shaken as ECB system breakdown delays trillions in payments
Banks encountered difficulties in handling payments on Friday due to an extraordinary, full-day malfunction of the European ...
European shares close 10th week higher; focus remains on US tariffs
European shares clocked their 10th straight weekly gain on Friday, continuing their stellar run into the new year though ...
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Major Outage Disrupts European Central Bank’s Transaction System
The European financial system faced a major disruption on Thursday as the European Central Bank (ECB) reported a significant ...
Top European Central Bankers Push for Simpler Banking Rules
Four of the European Union’s top central bankers urged the bloc’s regulatory arm to simplify the mass of rules that ...
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European Central Bank Takes Step Toward Blockchain-Based Payments System
The ECB’s plans to build a payments system on distributed-ledger technology could lead to the issuance of a digital euro.
When Central Banks Hit Instagram, Cue the Cringe
The masters of monetary policy are turning to social media to reach young constituents.