European Central Bank Jean-Claude Trichet

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  • European Central Banks Act to Boost Liquidity Thursday, 27 Mar 2008 | 11:28 AM ET

    The central banks of Britain and Switzerland added extra funds to ease pressure on high interbank lending rates on Thursday, while the European Central Bank said it was ready to step in with extra cash.

  • No End in Sight for Credit Crunch: Central Banks Wednesday, 26 Mar 2008 | 9:28 AM ET
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    Top central bankers warned on Wednesday there was no end in sight yet to the global credit crunch as German banking giant Deutsche said the crisis threatened its profit target for this year.