Bloomberg The Bank of England will cut interest rates close to zero later this year as concern persists about the longer-term impact of the Brexit vote, according to a survey. Forecasts in the latest Bloomberg monthly poll show that recent signs of strength haven’t dissuaded economists from the view that there will be a sharp cooling in growth in ...

  Bloomberg ICICI Prudential Life Insurance Co. attracted strong demand for its initial public offering of as much as 60.6 billion rupees ($904 million), as the nation’s biggest such deal in six years drew orders of more than 6.5 times the amount of stock for sale. Institutional investors subscribed to about 7.82 times the number of shares reserved for them, ...

  Bloomberg The euro area’s biggest banks will face “indicative” requirements for loss-absorbing funds this year to avoid confusion as global and European regulators wrap up work on new standards, according to Elke Koenig, head of the Single Resolution Board. The Brussels-based SRB, the resolution authority for 142 banks including Deutsche Bank AG and BNP Paribas SA, will use the ...