Ed Kalecki

In a statement Saturday, the Frankfurt-based institution said it will extend repo lines to all central banks unless excluded on the grounds of, in particular, money laundering, terrorist financing or international sanctions, adding that the changes will apply as of the third quarter.

Ed Kalecki, Bloomberg Radio.

Chief executive officers at the top U.S.

banks all received annual compensation of at least $40 million, with their total pay surpassing records set in 2006 and 2021.

Bank of America's Brian Moynihan was the latest CEO to have his pay disclosed.

with his compensation rising 17% last year to $41 million.

Citigroup said this week that it boosted the pay of CEO Jane Fraser 22% to $42 million for 2025, a sign of confidence from the board about her ability to turn the company around after years of underperforming peers.

Ed Kalecki, Bloomberg Radio.

The European Central Bank is prepared to offer euro liquidity to monetary authorities from around the world.

an effort to prevent market tensions and increase global use of the single currency.

In a statement Saturday, the Frankfurt-based institution said it will extend repo lines to all central banks unless excluded on the grounds of, in particular, money laundering, terrorist financing or international sanctions, adding that the changes will apply as of the third quarter.

Ed Kalecki, Bloomberg Radio.

Chief executive officers at the top U.S.

banks all received annual compensation of at least $40 million, with their total pay surpassing records set in 2006 and 2021.

Bank of America's Brian Moynihan was the latest CEO to have his pay disclosed.

with his compensation rising 17% last year to $41 million.

Citigroup said this week that it boosted the pay of CEO Jane Fraser 22% to $42 million for 2025, a sign of confidence from the board about her ability to turn the company around after years of underperforming peers.

Ed Kalecki, Bloomberg Radio.

News when you want it with Bloomberg News Now.

I'm Ed Kalecki.