MADRID (Reuters) – Spanish banks borrowed about a third less from the European Central Bank (ECB) in December than in November as they started repaying their cheap loans known as Targeted Longer-Term Refinancing Operations (TLTROs). Spain’s lenders borrowed 192.97 billion euros ($209 billion) from the ECB in last month of 2022, down from 273.7 billion …

Spanish banks’ ECB borrowing falls about 30% in December on loan repayments Read More »

FRANKFURT (Reuters) – Euro zone banks must be more selective with customers that make risky bets on financial markets, such as hedge funds, and become more prudent in how they manage their exposure to them, the European Central Bank said on Friday. The ECB’s move shows how regulators are stepping up scrutiny of the role …

ECB tells bankers to get picky with risky clients, including hedge funds Read More »

(Reuters) – Newcastle United manager Eddie Howe said he was “not 100% sure” if he would include Joelinton in his squad for Sunday’s Premier League home game against Fulham after the midfielder was charged with drink-driving. Northumbria Police charged Joelinton with “driving whilst above the prescribed limit for alcohol” after he was stopped in the …

Soccer-Newcastle boss Howe considering dropping Joelinton after drink-driving charge Read More »

FRANKFURT (Reuters) – Euro zone banks are set to repay early another 62.7 billion euros in multi-year loans from the European Central Bank, bringing the total reduction of outstanding loans to nearly 860 billion euros in just a few months, the ECB said on Friday. Banks had until recently been sitting on 2.1 trillion euros …

Euro zone banks to repay another 63 billion euros worth of ECB loans Read More »