News
U.S. stocks rallied into the close on Friday with all three benchmarks finishing near their highs of the session as falling commodity prices and intensifying recession fears caused inflation expectations to moderate, helping stocks to post their first weekly gain in three. The S&P 500 SPX, +3.06% gained 116.42 points, or 3%, to 3912.15. The […]
Gold futures edged up on Friday, but posted a loss of 0.6% for the week, as copper prices suffered their largest weekly drop since June of last year. “Gold remains trapped in a range as traders await to see if the latest inflation reports will force the [Federal Reserve] into committing to more massive rate […]
The Financial and Consumer Services Commission (FCNB) has become aware that Thecryptoverse (https://thecryptoverse.net/en), which claims to provide online cryptocurrency, high-liquidity assets, stocks commodities, currencies and other trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. Thecryptoverse appears to be operating from St. Vincent […]
A key part of the Central Bank’s role is the maintenance of monetary and financial stability. Our work on the first of these is primarily done through monetary policy set for the euro area by the ECB’s Governing Council. And here in Ireland we set out our views on the key risks to financial stability […]
Speech to Arthur Cox Client Seminar, 23 June 2022 Good afternoon. It is a pleasure to be here. Many thanks to Arthur Cox for inviting me to speak with you today. The focus of my remarks is the new Individual and Senior Executive Accountability framework which will come into effect next year1. I will […]
On 22 June 2022, the Central Bank of Ireland (the “Central Bank”) reprimanded and fined Allied Irish Banks p.l.c. (“AIB” or the “Firm”) €83,300,000 pursuant to its Administrative Sanctions Procedure (“ASP”) for a series of significant and long-running failings in the treatment of its tracker mortgage customers holding 10,015 mortgage accounts between August 2004 and […]