ECB vice-president Vitor Constancio: indicated the bank would  buy only the senior tranches of any package of mortgages or other assets offered to it. Photograph: EPA/Matteo Bazzi

The prospect of the ECB’s planning to buy mortgages and other assets from banks and providing Irish banks with a way out of the tracker mortgage dead (...)

European Central Bank vice-president Vitor Constancio: “If we would have to broaden the programme to include the so-called mezzanine tranches, where there is more risk, for that we would indeed some kind of guarantee.” Photograph: EPA/Matteo Bazzi

The prospect that Irish banks could offload some of their problematic mortgage debts as part of the European Central Bank’s asset-backed security-purc(...)

European Central Bank (ECB) president Mario Draghi (left) with  vice president Vitor Constancio. Mr Constancio said historically low interest rates and unconventional monetary polices to support economic recoveries with “too low rates of inflation” are causing some markets to overheat. Photograph: Ralph Orlowski/Reuters

The European Central Bank will start to hold regular meetings with the European Union’s new bank supervisor to keep a closer eye on risks to financial(...)

European Central Bank (ECB) President Mario Draghi arrives for the monthly ECB news conference in Frankfurt. Photograph: Ralph Orlowski /Reuters

The ECB will probably not know until the end of the year, after banks have had the chance to get their hands on its cheap loans, whether its actions y(...)

President of the ECB Mario Draghi: “What we need to be particularly watchful for at the moment is, in my view, the potential for a negative spiral to take hold between between low inflation, falling inflation expectations and credit, in particular in stressed countries.” Photograph: Ralph Orlowski/Bloomberg

European Central Bank president Mario Draghi signalled policy makers are ready to take action in June should they see low inflation becoming entrenche(...)

Daniele Nouy, chair of the ECB’s new supervisory arm, the Single Supervisory Mechanism said “intensive activity” on the asset-quality reviews of euro zone banks was continuing.

The European Banking Authority yesterday unveiled plans for how it will test the health of Europe’s biggest b(...)

The ECB’s asset quality review, or AQR, is part of a broader examination that also includes a stress test to see how banks hold up under shock scenarios, to avoid nasty surprises once it starts supervising them from November. Photograph: Ralph Orlowski/Bloomberg

The European Central Bank kept the euro zone’s top lenders on tenterhooks as it promised to reveal the strategy for its unprecedented review of bank b(...)

European commissioner in charge of financial regulation, Michel Barnier. Photo: Reuters

European Union finance officials have agreed on a system for winding down failed banks, an important step toward introducing a banking union.“This wil(...)

ECB vice-president Vitor Constancio: warned EU finance ministers the new body must be able to make a decision on a bank restructuring within 24 hours. Photograph: Cyril Byrne

European finance ministers were close to agreement on a single authority to wind-down banks in Brussels last night, although concerns remained about t(...)

Minister for Finance Michael Noonan and vice president of the ECB Vitor Constancio at the IIEA conference. Photograph: Cyril Byrne

The establishment of a Single Supervisory Mechanism (SSM) for the euro zone banking sector could lead to a restructuring of the industry via a series (...)