Tag: ECB

Banks Around The World Face Another Stress Test Next Week

Bitcoiners may want to pay close attention to the major bank stress test which is set to take place next week. All of the central banks in the world will participate in this test, and the outcome is anybody’s guess at this stage. It is possible the majority of banks will continue down the same path of not taking any concrete action as a result of the Brexit. Another Stress …
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ECB Feels Brexit Woes Are “Contained” For Now

A lot of people are keeping a close eye on what the European Central Bank is doing these days. With the Brexit occurring, there seemed to be a need for an intervention to relieve the stressed markets. But for now, that will not be needed, and interest rates and policy plans will remain unchanged. Moreover, the institution deemed the Brexit shockwaves to be “contained”. No Policy And Interest Rate Changes …
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European Central Bank Addresses Cybercrime Threat With A Database Solution

Cybersecurity is becoming a grave concern for anyone involved in the financial industry these days, as traditional solutions are no longer sufficient. The European Central Bank wants to set up a database registering all cybercrime incidents taking place at commercial banks. European Central Bank Still Doesn’t Get It Rather than looking at solutions to ensure cybercrime cannot take place to begin with, the European Central Bank wants to create a …
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