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Stocks get boost from big ECB loans to banks

European stock markets extended gains on a wave of pre-holiday optimism after the European Central Bank loaned a record amount to the continent's banks in an effort to bolster Europe's stressed financial system. ||| European stock markets extended gains Wednesday on a wave of pre-holiday optimism after the European Central Bank loaned a record amount to the continent's banks in an effort to bolster Europe's stressed financial system.
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Morning Agenda: A Test for Post-Crisis Banking System

Business & Finance : DealBook (yesterday)

Market turmoil will test Washington's efforts to bolster the financial system. | Bond investors skittish over emerging markets. | Venture capital's feeding frenzy. | Email newsletter theSkimm raises $6.25 million in financing. Read Post

Europe's Money Market In The Early Stage Of A Freeze-Up

Business & Finance : Business Insider: Clusterstock (5 years ago)

Here's a warning sign of deteriorating confidence in the European financial system. European banks are increasingly parking capital with the European Central Bank (ECB) instead of loaning it out short-term to their peers. This is de... Read Post

ECB launches 3-year loans to banks

Business & Finance : Business Report (3 years ago)

The European Central Bank is making unprecedented three-year loans to the continent's banks in an effort to bolster Europe's stressed financial system. ||| The European Central Bank is making unprecedented three-year loans to the co... Read Post


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