European Central Bank Jean-Claude Trichet

More

  • *ECB put Ireland under "undue pressure" to enter bailout. DUBLIN, Jan 27- Failures in banking, regulation and government policy directly caused Ireland's costly banking crisis and Europe's response made it worse, a parliamentary inquiry into the 2008 crash concluded on Wednesday. The banking crisis pushed Ireland into a three-year sovereign bailout in 2010...

  • DAVOS, Switzerland, Jan 22- European Central Bank President Mario Draghi said on Friday that the bank had plenty of instruments at its disposal to push meagre euro zone inflation levels higher and was both determined and willing to act. His comments at the World Economic Forum in Davos came a day after the ECB surprised markets by signalling a readiness to pursue...

  • SAN FRANCISCO, Jan 15- The Federal Reserve's decision to reopen currency swap lines to the European Central Bank as part of a campaign to calm markets roiled by Greece's debt crisis came after a "personal appeal" from the ECB chief to his Fed counterpart, transcripts from an emergency Fed meeting May 9, 2010 show. "Yesterday Jean-Claude Trichet called me and made...

  • NEW YORK, Dec 8- Global investment management firm Pimco is adding energy-related securities to some of its portfolios as the Newport Beach, California firm expects oil prices to rise over the next 12 months, Dan Ivascyn, group chief investment officer, said in an interview on Tuesday. Pacific Investment Management Co, which is a unit of Allianz SE, oversaw $1.47...

  • Dec 7- The bond investing firm Pacific Investment Management Co on Monday named two former central bank chiefs and a former British prime minister to sit on a new board to advise on economic, political and strategic developments. The board also includes Jean-Claude Trichet, president of the European Central Bank from 2003 to 2011, and Gordon Brown, the U.K. prime...

  • Bernanke, Trichet join Pimco advisory board Monday, 7 Dec 2015 | 4:18 PM ET

    The Pimco Global Advisory Board includes Ben Bernanke, who chaired the U.S. Federal Reserve from 2006 to 2014 and was named a senior Pimco adviser in April, and Jean-Claude Trichet, president of the European Central Bank from 2003 to 2011.. It also includes Gordon Brown, the U.K. prime minister from 2007 to 2010; Ng Kok Song, who was group chief investment officer of...

  • Will ECB's Draghi ever raise rates? Maybe in 2019 Thursday, 3 Dec 2015 | 11:47 AM ET

    LONDON, Dec 3- Assuming European Central Bank president Mario Draghi sees out his mandate, he will step down in October 2019. And financial markets reckon there's a fair chance he will complete his eight-year tenure without ever having raised interest rates. Even Ben Bernanke, the ultra-dovish former Federal Reserve Chairman who unleashed three QE programmes...

  • LONDON, Nov 13- Three of the traders accused of manipulating euro money market Euribor rates by Britain's Serious Fraud Office on Friday were part of a group that helped the European Central Bank shape its response to the financial crisis, ECB documents show. The documents on the ECB website show that former Barclays euro money market desk head Colin Bermingham...

  • DIARY-Top Economic Events to Nov 19 Monday, 2 Nov 2015 | 7:01 PM ET

    LONDON- Bank of England's Executive Director for Resolution Andrew Gracie speaks at the Financial Times banking summit- 0920 GMT. LONDON- Bank of England's Executive Director for Insurance Supervision, Sam Woods, speaks at the Association of British Insurers biennial conference- 1115 GMT. FRANKFURT- European Central Bank President Mario Draghi speaks at the...

  • DIARY-Top Economic Events to Nov 13 Friday, 30 Oct 2015 | 8:01 PM ET

    FRANKFURT- European Central Bank releases results of Greek bank stress test. FRANKFURT- ILF Conference with Hengeler Mueller: "One Year of SSM: Effective and Efficient Supervision in a Volatile World?" FRANKFURT- ECB Executive Board member Sabine Lautenschlaeger speaks at the International conference, "One Year of SSM: Effective and Efficient Supervision in a...

  • DIARY-Top Economic Events to Nov 12 Thursday, 29 Oct 2015 | 8:01 PM ET

    WASHINGTON- The Board of Governors of the Federal Reserve System will hold an open meeting to discuss a proposed rule establishing total loss-absorbing capacity and long-term debt requirements for global systemically important banking organizations, as well as a final rule on margin and capital requirements for uncleared swaps of prudentially...

  • DIARY-Top Economic Events to Nov 11 Wednesday, 28 Oct 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Bank of Atlanta President Dennis Lockhart gives opening remarks before the Workforce Development Panel and Book Launch hosted by the Federal Reserve- 1310 GMT. LONDON- UK Finance Minister George Osborne meets Brazilian Finance Minister Joaquim Levy as a part of UK- Brazil Economic and Financial Dialogue. LONDON- European Central...

  • Central bank cavalry can no longer save the world Saturday, 10 Oct 2015 | 3:15 PM ET

    LIMA, Oct 10- In 2008 central banks, led by the Federal Reserve, rode to the rescue of the global financial system. A report by the Group of Thirty, an international body led by former European Central Bank chief Jean-Claude Trichet, warned on Saturday that zero rates and money printing were not sufficient to revive economic growth and risked becoming...

  • PARIS, Sept 29- Former BNP Paribas banker Francois Villeroy de Galhau on Tuesday tried to calm fears of possible conflict of interest in his new role as governor of France's central bank, saying he would be no "prisoner of the finance industry". Villeroy said he would not take any decision himself regarding BNP Paribas, France's biggest listed bank, in his first two...

  • PARIS, Sept 29- Former BNP Paribas banker Francois Villeroy de Galhau on Tuesday fended off charges he would be a' prisoner' of the finance industry if he heads France's central bank, in a controversy about how such top jobs are awarded. In confirmation hearings before both houses of parliament, Villeroy pledged not to take any individual decision regarding BNP...

  • *IMF always believed Greece's debt was unsustainable. WASHINGTON/ ATHENS, Aug 28- Many of the top brass of the International Monetary Fund always had concerns about the plans to bail out Greece. He slammed IMF forecasts for Greece as overly optimistic- "Panglossian."

  • Did Germany want a Grexit? Monday, 20 Jul 2015 | 6:17 AM ET
    Did Germany want a Grexit?

    Former ECB President Jean-Claude Trichet, shares his thoughts on whether Germany really wanted Greece out of the euro.

  • Jean-Claude Trichet: Here's the key to Greek plan Monday, 20 Jul 2015 | 6:14 AM ET
    Jean-Claude Trichet: Here's the key to Greek plan

    Former ECB President Jean-Claude Trichet, discusses Greece's growth crisis and the IMF.

  • Why Russia wins if a Greek deal falls through Monday, 13 Jul 2015 | 11:24 AM ET
    Alexis Tsipras, Greece's prime minister (right) and Euclid Tsakalotos, Greece's finance minister, (center) depart after all-night bailout talks in Brussels on July 13, 2015.

    Experts warn that if Greece misses a July 20 payment or otherwise can't manage the terms of its bailout, it may try turning to Russia for cash.

  • Trichet: Unraveling the 'paradox' of Greece Friday, 10 Jul 2015 | 6:21 AM ET
    Trichet: Unraveling the 'paradox' of Greece

    Former ECB President Jean-Claude Trichet says the changing government in Greece is one of the contributing factors to its economic demise, and hopes the euro zone will continue to do the hard work to stay together.