A round-up of the key stories across the specialist financial media, including news on the ECB's second LTRO that has been tapped for €529 billion by 800 banks.
€529 billion LTRO 2 tapped by record 800 banks
Three-year ECB loans should be for emergencies only. They should not become a replacement for Europe’s bank funding market.
EURUSD resilience ahead of the ECB’s second LTRO was quickly put to the test as the prospect of a fresh wave of euro-funded carry trades undermined the single currency.
Goldman Sachs Group, Wells Fargo and JPMorgan Chase are among banks warned by federal regulators that they may face civil claims tied to sales of mortgage-backed securities.
The European Central Bank's second giant injection of liquidity into the Continent's banking system pulled the euro slightly lower against the dollar but had little impact on risky assets such as the government bonds of Italy and Spain.
