Bloomberg UK banks are prepared to withstand more than just Brexit, according to Bank of England Governor Mark Carney. Stress tests conducted by the central bank show Britain’s financial system would still have more than adequate capital to maintain lending in the face of multiple headwinds, Carney said in a speech in New York. The bank has been “preparing for ...

Bloomberg Goldman Sachs Group Inc. and a venture founded by one of its former partners, billionaire Mike Novogratz, are investing in cryptocurrency custodian BitGo Holdings Inc., as the bank’s deep-pocketed clients keep asking about secure ways to hold those assets. Combined, Goldman Sachs and Novogratz’s Galaxy Digital Ventures contributed about $15 million to BitGo’s Series B fundraising, which brought in ...

Bloomberg The most stubborn dove in eastern Europe may finally be ready to follow the procession of central bankers lifting interest rates across emerging markets, according to Amundi Asset Management’s Hungarian unit. Rate setters in Budapest may track the European Central Bank’s expected move in the second half of next year, but a drop in global risk appetite or an ...