Bloomberg Goldman Sachs Group Inc. and Morgan Stanley improved on last year’s poor results in the first round of the latest Federal Reserve stress tests, a sign they may have more flexibility to boost payouts to shareholders. In figures posted by the Fed, the pair didn’t come as close to breaching regulatory minimums as they did last year, offering hope ...

Bloomberg While global banks have been pouring money into information technology — to the tune of $1 trillion over three years — only a handful appear to be fully committed to a digital transformation and are therefore reaping the benefits, according to an Accenture Plc study. Just 19 of the 161 largest retail and commercial banks that the consulting firm ...

Bloomberg The Bank of Japan (BOJ) kept monetary policy unchanged, just hours after the Federal Reserve became the latest central bank to signal a willingness to cut interest rates in the face of rising threats to global growth. The BOJ maintained its interest rates and asset purchases, it said in a statement. All 50 economists surveyed by Bloomberg had predicted ...