ECB"s Draghi says bank could extend QE if warranted
European Central Bank President Mario Draghi on Tuesday highl.....»»
MarketWatch First Take: ECB chief Draghi doesn’t want to dissuade investors from thinking dovish thoughts
Mario Draghi didn’t plow any new ground after Wednesday’s European Central Bank meeting. But he didn’t do anything to make investors think the central bank isn’t ready to take further easing action if warranted......»»
Treasury yields extend climb as Draghi discusses monetary policy
Treasury yields extended a Thursday morning gain as European Central Bank President Mario Draghi holds a news conference following the central bank's policy meeting. The 10-year Treasury note yield picked up 3.5 basis points to 2.971%......»»
BaFin find fault with Deutsche Bank"s controls, extend audit mandate, FT reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Market Snapshot: Dow slips as bank stocks hit by Fed decision on capital requirements but Nasdaq recovers
U.S. stocks remain mixed Friday afternoon, after slumping when after the Federal Reserve said it would not extend temporary relief from capital-requirement rules for banks......»»
The Fed: Fed won’t extend relief for banks from key capital rule
The Federal Reserve on Friday said it would not extend a temporary exemption that allowed banks to exclude Treasurys and deposits with the central bank from the calculation of the supplementary leverage ratio past March 31......»»
: Markets cheer prospects of Mario Draghi as Italian prime minister
The former president of the European Central Bank was invited on Wednesday by Italian President Sergio Mattarella to form a new government......»»
The Fed: Fed to keep expiring Main Street lending program open until Jan. 8
The Federal Reserve on Tuesday said it would extend the termination date of its "Main Street" lending program to Jan. 8 to give the central bank more time to process a flurry of loan requests at the end of the year......»»
GM reduces loan refinancing target, may pay up for new debt
NEW YORK (LPC) - General Motors Co (GM) will seek to extend maturities on US$6bn in revolving loans rather than refinance a US$16.5bn credit facility following discussions with its bank group during an unprecedented health crisis in the US......»»
ECB pushes back strategy review
The European Central Bank said it has decided to extend the timeline for the review of its monetary policy strategy until the middle of 2021, from an earlier tar.....»»
Key Words: Here’s what Mario Draghi says Europe must do now to prevent coronavirus recession ‘from morphing into a prolonged depression’
Banks need to lend to companies at zero cost to save jobs, and governments must be prepared to absorb the cost, says former European Central Bank President Mario Draghi......»»
Stocks extend losses despite further central bank support
Stocks extended losses Thursday even as the Federal Reserve and the European Central Bank both rolled ou.....»»
Stocks set to extend losses despite further central bank support
Stocks were poised for more losses Thursday even as the Federal Reserve and the European Central Bank both rolled out measures t.....»»
European stocks extend losses while euro rallies after ECB doesn"t cut interest rates
European stocks extended already sharp losses while the euro zoomed higher after the European Central Bank opted not to cut interest rates. The ECB did take steps to support bank lending to small- and medium-sized enterprises as.....»»
Wells Fargo to extend credit and mortgages to "dreamers"
Wells Fargo said Thursday that it will extend several loan products, including home mortgages, to immigrants known as "dreamers." The San Francisco-based bank has taken several steps to address concerns that its critics have raised ahead of congressio.....»»
Bank ETFS tumble Thursday as bonds extend slide to historic lows
Exchange-traded funds with exposure to bank stocks tumbled Thursday as investors piled into the safe haven of bonds, sending yields to fresh all-time lows. The KBW Bank ETF was down about 5.7% midday, .....»»
Stocks Extend Gains After IMF, World Bank Pledges To "Stand Ready To Help"
Stocks Extend Gains After IMF, World Bank Pledges To "Stand Ready To Help" US equity markets are pushing higher (Dow up over 750 points from Friday and up 1300 points from the overnight lo.....»»
London Markets: Pound rallies while U.K. stocks extend slide after Bank of England holds interest rates steady
Sterling climbed and U.K. equities deepened a slide on Thursday as the Bank of England opted to refrain from cutting interest rates......»»
Apple"s stock falls, as Deutsche Bank cautions not to expect another 2019-like rally
Shares of Apple Inc. fell 1.1% in early morning trading, to extend their pullback from record highs to a second session, after Deutsche Bank analyst Jeriel Ong raised his price target, but cautioned investors "the stock is unlikely to come close to rep.....»»
WesBanco completes acquisition of Old Line Bank
Wesbanco Inc. has completed a deal that will extend its footprint into Maryland and Washington, D.C. The company said Monday its $500 million purchase of Old Line Bancshares Inc. closed on Nov. 22, four months after the all-stock deal was announced. .....»»
WesBanco"s $500M deal to close by Friday
One of Pittsburgh’s biggest banks expects its $500 million acquisition of a Maryland bank will be completed on Friday, a deal that will extend WesBanco Inc.’s reach into the nation’s capital. WesBanco, based in Wheeling, West Virginia, is the h.....»»