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Danish central bank cautions industry to brace for ‘setbacks’

Bloomberg Despite half a decade of negative interest rates, Denmark’s banks are making more money than ever before. But the central bank in Copenhagen now says the industry is at risk of missing several warning signs that may be pointing toward another crisis, especially should interest rates suddenly rise. “There is every reason to watch out for speed blindness,” the ...

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Japan’s largest bank prepares dramatic staff cuts

Bloomberg Japan’s biggest bank is set to undergo the most dramatic reduction in headcount since it was formed after the nation’s banking crisis shook the industry almost 20 years ago. Mitsubishi UFJ Financial Group Inc. is considering eliminating about 10,000 positions — about 7 percent of its workforce — over a decade as low interest rates and intensifying competition squeeze ...

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Malaysia Air’s 30 A330neos deal faces price bump

Bloomberg Malaysia Airlines Bhd. has held discussions with Airbus SE about the purchase of A330neo wide-body jets but has so far been unable to agree a price for the planes. The carrier is also seeking clarity regarding other aspects of the transaction, including delivery schedules, Chief Executive Officer Peter Bellew said in an interview. There’s no likelihood of an order ...

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