ECB urges `prudence` from banks on dividends
The European Central Bank (ECB) recommended Thursday that banks err on the "conservative" side or even refrain from paying out dividends this year to help shore up their finances.
Jan 29, 2015, 19:58 PM ISTECB takes up role of eurozone banking watchdog
The European Central Bank assumed its role Tuesday as Europe`s banking watchdog under a new system aimed at shoring up the financial system to ward off another euro-threatening crisis.
Nov 04, 2014, 18:58 PM IST