Bloomberg As the Federal Reserve approaches the final stages of monetary policy normalisation 10 years after it cut interest rates to zero, it faces the tough task of charting a less certain path while taking incoming fire from President Donald Trump. Chairman Jerome Powell and his colleagues are expected to ignore Trump’s criticisms and raise interest rates this week for …

Bloomberg Deutsche Bank AG’s quarterly revenue was impacted by the raids on its Frankfurt headquarters, Chief Financial Officer James von Moltke told Bloomberg. “The raid has not helped us on the revenue side, especially in a weak market environment like we have seen in December,” von Moltke said in email comments. “We expect these negative effects to fade away soon …

Bloomberg Denmark is trying to find out just how many banks were involved in suspicious stock trades executed for the sole purpose of getting a tax rebate. The transactions in question started more than a decade ago, after Denmark and Switzerland made it possible to claim back taxes on dividends through a revised double-taxation accord between the two countries. Nordea …