ECB's Draghi praises new German nominee Schnabel

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Source: Dukascopy Bank SA
On Thursday, Mario Draghi, the President of the European Central Bank, welcomed new executive board member, Isabel Schnabel, nominated by Germany, who would stimulate discussions at the bank, giving Berlin an expert voice on its issues.
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Thu, 24 Oct 2019 14:56:52 GMT

Russia's VTB considers 10% stake sale in VTB Africa

VTB, Russia's state-controlled lender, is considering a 10% stake sale in its Angolan unit VTB Africa that would reduce the bank's total stake in the African arm to 40%, VTB's CEO Andrei Kostin stated.

Thu, 24 Oct 2019 12:49:34 GMT

Swedish Crown edges higher

The Swedish Crown surged to its strongest against the US Dollar and also gained about 0.6% in value against the Euro on Thursday after the Riksbank stuck to its plans to hike interest rate in December.

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