Bloomberg UBS Group AG Chairman Axel Weber said the Swiss bank won’t trade Bitcoin or offer it to retail clients as increased regulation could lead to a “massive” drop in value. “This is something where the price is really unclear,” Weber said in an interview on Wednesday with Bloomberg TV at the World Economic Forum in Davos, Switzerland. “We fear …

Bloomberg State Bank of India and Punjab National Bank will be among lenders that receive 881 billion rupees ($14 billion) of fresh capital the government had pledged for state-run banks in the year through March 31. SBI, the nation’s biggest lender by assets, will get 88 billion rupees while Punjab National Bank will take 55 billion rupees, Rajiv Kumar, banking …

Bloomberg The Bank of Japan will continue with its unprecedented monetary easing policy for a “couple more years” and it will remain tough for lenders to make money from doling out credit, according to the top executive at Mizuho Financial Group Inc. “Just simple lending business is not so profitable, and this situation will last,” Chief Executive Officer Yasuhiro Sato …