Bloomberg Citigroup Inc suspended its head of high-yield credit trading for Europe, the Middle East and Africa after he allegedly stole from the company’s cafeteria, according to a person familiar with the matter. Paras Shah, one of the bank’s highest-profile traders, left Citigroup last month over the issue, the person said, asking not to be named because the matter is ...

Bloomberg Bank of Japan Governor (BOJ) Haruhiko Kuroda signalled growing concern over coronavirus, now saying the bank won’t hesitate to take action to cope with the virus’s economic impact if it becomes necessary. Kuroda’s remarks in Japan’s parliament contrasted with comments last month when he said it was too early to assume the latest viral outbreak would pose as big ...

Bloomberg Visa Inc is planning the biggest changes in a decade to the rates US merchants pay to accept its cards, hoping to persuade more people to abandon checks and adjusting its fees for new businesses such as ride-hailing services. The company’s interchange rates — fees charged every time a consumer uses a card — will go up or down ...