Bloomberg Australia & New Zealand Banking Group Ltd. (ANZ) first-quarter cash earnings rose on a stronger performance from the lender’s domestic businesses, while the outlook for bad debts has improved. Unaudited cash profit, which excludes one-time items, rose to A$2 billion ($1.54 billion) in the three months ended Dec. 31, the Melbourne-based lender said in a statement to the ...

  Bloomberg Wells Fargo & Co. said retail customers opened 31 percent fewer checking accounts in January than a year earlier in the wake of a settlement with regulators over fraudulent sales. Customers submitted 47 percent fewer applications for credit cards, the worst year-over-year decline since October, the San Francisco-based lender said in a statement. January marks the fifth consecutive ...

Bloomberg Perng Fai-Nan began his tenure as chief of Taiwan’s central bank by defending the currency during the Asian financial crisis. As he approaches retirement nearly two decades later, the Taiwan dollar will again pose a challenge. Perng, 78, will step down next February after 20 years in his post, making him a longer-serving central bank chief than Alan Greenspan. ...