Facing a critical decision: European central bank may lose billions of euros for commercial banks.
The European Central Bank is discussing mandatory reserve requirements for commercial banks, according to ECB President Christine Lagarde, who announced the news on Thursday. The move would reduce the ECB’s expenses and mitigate losses for several national central banks.
The European Central Bank is discussing raising the mandatory reserve requirement for commercial banks, ECB President Christine Lagarde announced on Thursday. This step would reduce the ECB’s expenses and mitigate losses for several national central banks.
