Bloomberg Danske Bank A/S shareholders, who’ve lost more than 40 percent on their investment this year, are looking to a brighter future after the lender took another step to purge its leadership. Denmark’s largest bank replaced its chairman, following October’s ouster of its chief executive officer, as it seeks to atone for its role in one of Europe’s biggest money ...

Bloomberg Citigroup Inc said it probably won’t meet a closely watched profitability target this year because market volatility crimped fourth-quarter trading revenue. Chief Financial Officer John Gerspach said sluggishness in its Group of 10 rates-trading business likely means the bank will post a drop in fixed-income trading revenue for the final three months of the year. The investment-banking franchise also ...

Bloomberg South Africa’s top monetary policy maker spoke for his peers around the world last week when he declared that threats to central-bank independence from politicians are no longer just an “emerging market phenomenon.” The US Federal Reserve, Bank of England and European Central Bank are feeling the heat from elected lawmakers, while India is among others under pressure. “There’s ...