Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Europe Banks To Double Crisis Loans From ECB

share with twitter share with LinkedIn share with facebook
share via e-mail
01/31/2012 | 03:16am CEST

Some European banks plan to tap the European Central Bank's emergency funding program for up to twice as much as the ECB supplied in its EUR489 billion ($643 billion) auction last month, the Financial Times newspaper reported Monday on its website, citing unnamed bank executives.

"Banks are not going to be as shy second time round," the report quoted the head of one eurozone bank as saying at last week's World Economic Forum in Davos, Switzerland. "We should have done more first time."

The report said several of the eurozone's biggest banks have told the newspaper they might double or triple their request for funds in the ECB's three-year money auction Feb. 29.

Three bank chief executives, who asked to remain anonymous, said they were planning to increase their participation twofold or threefold, the report said.

Full story: http://www.ft.com/intl/cms/s/0/09ab9542-4b6d-11e1-b980-00144feabdc0.html#axzz1kzK ZlLx

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news
Date Title
11:52p INTERNATIONAL BUSINESS MACHINES : Patent Issued for Dynamic Management System, Method, and Recording Medium for Cognitive Drone-Swarms (USPTO 9651945)
11:52p Patent Issued for Semiconductor Device and Semiconductor Device Manufacturing Method (USPTO 9653390)
11:52p Levi & Korsinsky, LLP Reminds Shareholders of Inventure Foods, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 30, 2017
11:51p JAPAN DISPLAY : Patent Issued for Display Device (USPTO 9652078)
11:51p HYUNDAI MOTOR : Patent Application Titled "Seat with Warmer" Published Online (USPTO 20170129304)
11:51p CISCO : ACI and Citrix NetScaler win Best of Citrix Synergy 2017 Award
11:51p MODOT MISSOURI DEPARTMENT OF TRANSPORTATION : Route 50 Intersection at Liberty/Shamrock Roads to Open June 1
11:51p GENERAL ATOMICS : MQ-9B SkyGuardian REmains Airborne for Over 48 Hours Non-stop
11:51p GENERAL ATOMICS : Completes Heat Treatment of ITER’s First Central Solenoid Module
11:51p GENERAL ATOMICS : Gulftronic Electrostatic Separators Selected for Japan’s Taiyo Oil Co. Ltd. Refinery
Latest news
Hot News 
-8.41%Developers sidelined in Moscow's $50 billion building bonanza
13.26%Wizz Air reports record profit and no signs of Brexit hit
14.00%INTERMEDIATE CAPITAL : British fund manager ICG's assets hit record high
11.40%Rayonier Advanced Materials to buy Tembec in forest products push
-6.85%DAILY MAIL AND GENERAL TRUST : falling information revenue forecast hits shares
Most Read News
03:42a Shell, ConocoPhillips oil sands share selloff risks flooding market
05/24 FORD MOTOR : New Ford CEO eligible for $13.4 million in annual compensation
03:24p GM is accused in lawsuit of cheating on diesel truck emissions
07:51a MANULIFE FINANCIAL : CEO Donald Guloien announces his intention to retire as of Sept. 30; Roy Gori to succeed Guloien as CEO on Oct. 1
12:16aDJNEWS HIGHLIGHTS : Top Energy News of the Day
Most recommended articles
05/22 NOBLE : shares tumble after S&P ratings downgrade
05:48pDJGRAIN HIGHLIGHTS : Top Stories of the Day
05:23pDJOil Tumbles as OPEC Cuts Disappoint
05:16pDJNEWS HIGHLIGHTS : Top Global Markets News of the Day