Bloomberg The pound’s most accurate forecaster isn’t buying into the optimism of his peers. Sterling will slide more than 3 percent to $1.24 by the end of March as even the most favourable Brexit outcome will mean the economy will be worse off than if “remain” had won the 2016 referendum, according to Westpac Banking Corp. The median estimate in ...

Bloomberg Danske Bank A/S’s money-laundering scandal threatens to undermine its growth engine. The lender’s Nordic banking operation, which encom- passes Norway, Sweden and Finland, was the only core unit of five to report higher profit in the third quarter. But now, some customers in the biggest Nordic economy may be reconsidering their loyalty to the bank, according to Berit Behring, ...

Bloomberg South Africa’s ruling African National Congress said the reserve bank must consider the impact of monetary policy on economic growth when it targets inflation, re-emphasising the flexible mandate the government gave the central bank almost a decade ago. “The ANC believes that the South African Reserve Bank must pursue a flexible monetary policy regime, aligned with the objectives of ...