US should adopt British style bank mortage curbs, risk buffers

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Source: Dukascopy Bank SA
The United States should deploy tools to tackle banks' excessive risk-taking and unwise mortgage lending, following the example of the Bank of England, Donald Kohn , the former Fed Vice Chairman, stated.
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Fri, 07 Sep 2018 17:01:44 GMT

Italy FinMin attempts to reassure EU on debt, deficit

Valdis Dombrovskis, the Vice President of the European Commission, stated that Italy understood that it should cut the structural deficit and reduce public debt in the country's 2019 budget, after talks with the Finance Minister Giovanni Tria.

Fri, 07 Sep 2018 15:56:38 GMT

ECB reveals need for EU agency to tackle money laundering

Benoit Coeure, the ECB Board Member, stated that Europe needs an agency to combat money laundering, following cases at the EU banks, which exposed gaps in the ability of the bloc to prevent financial crime.

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