Tagged: ecb

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New Bonds of Steinhoff – Acquirer of Mattress Firm, Sherwood Bedding, etc. – Collapse just after the ECB Bought Them

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Accounting irregularities” If you’re holding shares or bonds of a company, such as Steinhoff International Holdings — which acquired Mattress Firm Holding in 2016, Sherwood Bedding in 2017, and a...

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ECB Wants to Weed Out Smaller Banks to Cut Competition

Europe needs “brave banks” willing to conquer new territory. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The biggest financial problem in Europe these days is that it is “over-banked,” according to Daniele...

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The ECB faces the problem of what to do next?

by Shaun Richards Later this month ECB President Mario Draghi will talk at the Jackson Hole monetary conference with speculation suggesting he will hint at the next moves of the ECB ( European Central...