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Draghi learns lesson from Fed as ECB stays vague on rate outlook

Bloomberg Whatever Mario Draghi says about the European Central Bank’s bond-buying program this week, he’s not likely to provide much more clarity about his plans for interest rates. The ECB president and his colleagues will discuss, and may announce, an end to asset purchases when they meet on Thursday. But they’ve so far brushed off questions on how they might ...

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Germany’s Solarisbank sets break-even goal next year

Bloomberg Berlin-based Solarisbank AG wants to reach a break-even on a monthly basis by the end of next year, CEO Roland Folz said in an interview with Bloomberg News. “Until then, we do not plan any further rounds of financing to keep all options open for our shareholders, including a profitable ‘keep it up’, additional investments or also an IPO,” ...

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Wells Fargo bans crypto purchases on credit cards

Bloomberg Wells Fargo & Co. customers hoping to use their credit cards to buy Bitcoin will have to look elsewhere. While putting a prohibition on such cryptocurrency purchases for now, Wells Fargo “will continue to evaluate the issue as the market evolves,” Shelley Miller, a spokeswoman, said in an emailed statement. Wells Fargo joins Citigroup Inc., JPMorgan Chase & Co. ...

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