Diabytes
European banks News
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The future of the global economy remains uncertain and there are questions about Europe`s ability to weather new shocks, the president of the European Central Bank said in its annual report on Thursday
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Europe's new single banking supervisory system, set up a year ago, is working well, the German central bank said Friday, while also pointing to areas where improvements could still be made.
The slowdown in cross-border lending since 2008, especially by European banks, has in part been replaced by a surge from Asian banks, the International Monetary Fund said in a new report.
The attack resulted in the loss of sensitive data and authorities are investigating whether it was linked to recent infiltrations of major European banks.
The talks with state and federal authorities have just begun, a source with direct knowledge of the regulatory investigations told Reuters.
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