Bloomberg The European Central Bank’s prospects for gradually weaning the economy off monetary support could yet be tested by a big unknown its officials don’t mention much: a disorderly Brexit. Policy makers have given limited prominence to that risk despite divorce talks between the UK and European Union repeatedly stalling before the country’s departure in less than six months. In ...

Bloomberg UK banks are prepared to withstand more than just Brexit, according to Bank of England Governor Mark Carney. Stress tests conducted by the central bank show Britain’s financial system would still have more than adequate capital to maintain lending in the face of multiple headwinds, Carney said in a speech in New York. The bank has been “preparing for ...

Bloomberg Goldman Sachs Group Inc. and a venture founded by one of its former partners, billionaire Mike Novogratz, are investing in cryptocurrency custodian BitGo Holdings Inc., as the bank’s deep-pocketed clients keep asking about secure ways to hold those assets. Combined, Goldman Sachs and Novogratz’s Galaxy Digital Ventures contributed about $15 million to BitGo’s Series B fundraising, which brought in ...