Bloomberg Latvia’s banking scandal deepened as its central bank chief and representative to the European Central Bank faced accusations of repeatedly trying to extort money from a local bank, in a blow to the Baltic state’s reputation. The Latvian government has repeatedly demanded that Ilmars Rimsevics step down after the country’s anti-corruption agency arrested him over the weekend on suspicion …

Bloomberg Japan’s biggest banks bought the most government bonds last month since March 2012, signalling confidence in the central bank’s ability to control the yield curve and cap interest rates. The category for large lenders including Bank of Tokyo-Mitsubishi UFJ Ltd., Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corp., collectively bought a net 2.3 trillion yen ($21.5 billion) of government …

Bloomberg Bank of England Governor Mark Carney is already bracing for the UK’s next financial crisis. While no central bank can eliminate the risk of future crises, he said the BOE is creating a more secure environment by planning for bank failures, providing liquidity and ensuring higher levels of capital. “Something will go wrong again even if we do not …