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July 03, 2015 12:30 PM ET

Diversified Financial Services

Company Overview of European Central Bank

Company Overview

European Central Bank operates as the central bank for Europe's single currency, the euro. The company’s activities include the definition and implementation of monetary policy for the euro area; conducting foreign exchange operations; holding and management of the official foreign reserves of the euro area countries; and the promotion and operation of payment systems. It also issues banknotes; collects statistical information from national authorities or directly from economic agents to fulfil the tasks of the European System of Central Banks; supervises credit institutions and the stability of financial system; and maintains working relations with relevant institutions, bodies, and fora. T...

Sonnemannstrasse 20

Frankfurt am Main,  60314

Germany

Founded in 1998

2,577 Employees

Phone:

49 69 1344 6000

Fax:

49 69 1344 6000

Key Executives for European Central Bank

President of The Executive Board, President and Member of Governing Council
Age: 67
Member of Governing Council and President of The Deutsche Bundesbank
Age: 46
Member of Executive Board and Member of Governing Council
Head of International and European Relations, Member of Executive Board and Member of Governing Council
Chief of Economics, Member of Executive Board and Member of Governing Council
Age: 65
Compensation as of Fiscal Year 2015.

European Central Bank Key Developments

European Central Bank Presents at 8th Annual European Post-Trade Conference, May-06-2015

European Central Bank Presents at 8th Annual European Post-Trade Conference, May-06-2015. Venue: Rosewood Hotel, 252 High Holborn, London, WC1V 7EN, United Kingdom. Presentation Date & Speakers: May-06-2015, Paul A. Bodart, Member of T2S Board, Yvon Lucas, Member of the T2S Board.

European Central Bank, Special/Extraordinary Shareholders Meeting, Apr 14, 2015

European Central Bank, Special/Extraordinary Shareholders Meeting, Apr 14, 2015. Agenda: To consider the rights issue for up to Eur 3 billion.

Germany's L-Bank Files Lawsuit against European Central Bank

Germany's L-Bank filed lawsuit against European Central Bank. The lawsuit was filed at the European Court of Justice on 12 March, the lawsuit would be a vital test case for both parties as the developments are being watched by several other smaller banks. At the end of 2013, L-Bank which had assets of EUR 70.7 billion ($77 billion), was placed on ECB's list of 123 significant financial institutions that are said to be directly supervised by it, starting November. L-Bank argues that it has a simple and clear business model and said higher costs that are tied to the supervision by ECB would undermine its ability to support local families and businesses.

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