Bloomberg European Central Bank (ECB) policy makers continued to air their differences over when to rein in stimulus, sending conflicting signals on whether pumping cash into the economy for much longer will help the euro area or hurt it. “Underlying inflationary pressure remains subdued” and “we still need a long period of accommodative policy,” Executive Board member Peter Praet, the …

Bloomberg For the better part of this century, Deutsche Bank’s trading heart has been beating in London. Now, it’s gradually being transplanted to Frankfurt. Europe’s largest securities firm is preparing to turn Frankfurt into its global booking center, a shift that may entail moving large parts of the trading and investment-banking assets it currently books in London to its hometown, …

Bloomberg Royal Bank of Scotland Group (RBS) will sell its stake in a Chinese securities joint venture to Guolian Securities Co. for 354 million yuan ($52 million), becoming the latest foreign bank to leave its mainland partnership. The Edinburgh-based bank bought the 33.3 percent of Hua Ying Securities Co. for 266.4 million yuan and will sell it at 1.2 times …