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October 15, 2008

ECB vs Euroclear in battle over T2-S

The European Central Bank (ECB) is in a face-off with Euroclear, the largest central securities depository (CSD) in Europe, over the ECB’s plans to introduce its own centralised securities depository, Target 2-Securities (T2-S).

October 02, 2008

Failed payments cost European banks €21bn a year

Failed international payments are costing Europe’s banks €21bn a year, despite the promise of SEPA (Single Euro Payments Area) to simplify transactions and cut costs, according to banking solutions provider Misys.

October 02, 2008

ECB in face-off with Euroclear over T2-S

The European Central Bank is in a face-off with Euroclear, the largest central securities depository (CSD) in Europe, over the ECB’s plans to introduce its own centralised securities depository, TARGET 2-Securities (T2-S).