ZURICH / Bloomberg The Swiss National Bank could lower the amount of bank reserves that are exempt from its negative interest rate if it needs to ease policy further, the central bank’s president said. “So far we do not plan any change, but of course the exemption threshold is a possible policy instrument,” SNB President Thomas Jordan said in an ...

Beijing / Bloomberg Alibaba Group Holding Ltd. is seeking a loan of as much as $4 billion from at least eight banks, according to people with knowledge of the matter. The banks are expected to begin marketing a $3 billion loan to other lenders, with the intention of increasing the size depending on demand, the people said. The loan would ...

WARSAW / Bloomberg Dropping valuations aren’t enough to convince Eastern Europe’s third-largest lender Erste Group Bank AG to buy assets in Poland, the region’s biggest market, amid growing political uncertainty in Warsaw. Consolidation among Polish banks has been slowed by uncertainty stemming from the government’s plan to convert $44 billion in foreign currency-denominated loans, a proposal called “pure evil” by ...