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BOE governor race thrown into turmoil by Dec election

Bloomberg While the appointment of Mark Carney’s successor has been officially delayed, a frenzy of speculation about who will get the job was seen. Several reports on the government’s favourites were met with news that there is no preferred candidate at this time. The confusion sums up what has thus far been a chaotic appointment process, continually delayed by Brexit. ...

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Negative rates to hurt Deutsche’s customers

Bloomberg Deutsche Bank AG will pass on negative interest rates only to larger corporate customers or the deposits of wealthy individuals and spare most retail clients, Deputy Chief Executive Officer Karl von Rohr said in an interview with Frankfurter Allgemeine Sonntagszeitung. The bank is talking to the customers affected and they understand the issues, von Rohr said. German banks have ...

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Goldman says potential RBA QE might not pack a punch for Australian stocks

Bloomberg Australia’s stock market may not get the kind of boost historically seen in its peers should the country’s central bank unleash quantitative easing, according to Goldman Sachs Group Inc. The problem is already-low bond yields and elevated equity valuations, Goldman analysts Matthew Ross and Bill Zu wrote in a November 1 note. While Goldman still doesn’t see Reserve Bank ...

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