he European Central Bank (ECB) will start publishing the €STR as of 2 October 2019, reflecting the trading activity of 1 October 2019. Additionally, the ECB is ready to further support private sector efforts in the transition away from the euro overnight index average EONIA and will provide the computation
Tag: Bank
Long term EU Budget 2021-2027: Invest EU
The European Commission welcomes today's vote in the European Parliament on InvestEU, the programme to boost investment in Europe in the next long-term EU budget. This vote brings InvestEU one step closer to its creation. InvestEU will make EU funding for investment projects simpler to access and more effective. Building on
Decentralized Finance Explained: Alternative Finance Emerges
The global financial system has created massive wealth, but its centralized nature means the spoils have gone to the people who are best connected to the financial centers of the world. As global inequality continues to rise, how can wealth building tools become more accessible to the rest of the global population? Luckily, technological
Statistical dossier of the European banking sector
The digital age has brought the financial sector kicking and screaming into the modern era. Although technology and customer participation were slow to catch on, things may finally be making headway. In December 2017, the London based NeoBank, Revolut, reportedly broke even, making it the first of its kind since
Glossary of Banking Terms
API – Application programming interface Asset management – The direction of cash or securities of a client by a financial services company, usually an investment bank. NS&I account – A national savings and investment account is a government backed form of savings account. Blockchain technology - A digital ledger in which transactions made
Most Valuable Banks Brands of the World
When most people think about brands, they often picture iconic consumer marks. But in the realm of financial services, the importance of having a strong consumer brand is also rapidly growing. After all, with hundreds of new fintech entrants positioning themselves to be the “banks” of the future, it seems
Countries With the Most Foreign Currency Reserves
ECB unveils new € 100 and 200 euro banknotes
Top 100 Most Valuable Brands in 2018
According to Forbes, the world’s 100 most valuable brands are worth a staggering $2.15 trillion. While that singular number is impressive, the publication’s 2018 rankings of global brands can be further broken down in other ways that are also quite intriguing. Let’s take a look at brands by individual brand value,
Banknote security features
he history of counterfeiting is almost as extensive as the history of money itself. It’s said that even the first coins in Lydia were regularly faked, and coming across counterfeit coins in Ancient Rome was a daily occurrence. Roman Emperors, like other rulers, also famously did their own counterfeiting, debasing the
How many US dollars are in circulation today?
Capital Markets Union: new rules for investment firms
The European Commission proposes a two-track overhaul to make life simpler for smaller investment firms, while bringing the largest, systemic ones under the same regime as European banks. Investment firms and the services they provide are vital to a well-functioning Capital Markets Union (CMU). Alongside banks, EU capital markets rely