Bloomberg Deutsche Bank AG said it’s in talks with Commerzbank AG as part of a review of its strategic options, moving closer to creating a national champion lender as both banks struggle to grow. The lender confirmed it is “engaging” in talks with Commerzbank as it seeks to boost growth and profitability. Bloomberg first reported that the banks’ boards were …

Bloomberg The Bank of Japan (BOJ) left its monetary stimulus program unchanged as it downgraded its assessment of exports, factory output and overseas economies. The BOJ’s decision to maintain its policy interest rates and asset purchases was predicted by all 46 experts surveyed by Bloomberg. Its gloomier take on the economy was also largely expected after a raft of weak …

Bloomberg Wells Fargo & Co. boosted Chief Executive Officer Tim Sloan’s compensation by 5.7 percent to $18.4 million for last year as the bank has worked to overcome multiple scandals. Sloan got $2.4 million in salary and $14 million of restricted stock linked to performance goals, the San Francisco-based bank said in a regulatory filing. He also got a $2 …