LONDON (Reuters) - The European Central Bank's decision to cut its deposit rate below zero is unlikely to cause a stampede out of euro zone money market funds, with some investors expecting yields to stay positive in the near term.
June 16, 2014
Iraq crisis, UK rate warnings hit European shares
LONDON, June 13 (Reuters) - Major European stock indexes ended lower on Friday, with British equities slipping on the possibility of an early rate hike and travel stocks hurt by concern the Iraq conflict will raise oil prices.
June 15, 2014
Banks to return 3.7 billion euros in crisis loans to ECB next week
(Reuters) - Banks will return 3.712 billion euros ($5.05 billion) in long-term crisis loans to the European Central Bank next week, ECB data showed, after the ECB started to charge banks for holding their excess cash overnight and promised more long-term loans.
June 14, 2014
UK business minister urges BoE to clamp down on risky mortgages
(Reuters) - British business minister Vince Cable on Thursday urged the Bank of England on clamp down on mortgages with high loan-to-income ratios to stop booming house prices from harming the economy.
June 13, 2014
Euro zone countries agree direct bank recapitalisation framework
BRUSSELS (Reuters) - Euro zone governments agreed on Tuesday that the bloc's bailout fund will be able later this year to help to recapitalise failing banks which have written off 8 percent of their liabilities.
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