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Riksbank’s Skingsley says rate path open for October increase

Bloomberg A Swedish interest rate increase as early as October is in line with the policy path laid out by the central bank, Riksbank Deputy Governor Cecilia Skingsley said. Policy makers last month again pushed back a plan to raise rates for the first time in seven years, saying they didn’t see a tightening until towards the end of the ...

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Thailand doesn’t feel pressure to join global tightening

Bloomberg Thailand’s central bank left its benchmark interest rate unchanged near a record low, and said it doesn’t feel pressure to join a global wave of tightening that’s swept along some peers in Southeast Asia. Monetary policy committee members voted unanimously to hold the one-day bond repurchase rate at 1.5 percent, where it’s been since 2015, according to a Bank ...

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UBS head of European M&A Brizay joins BofA

Bloomberg UBS Group AG’s head of mergers and acquisitions for Europe, the Middle East and Africa, Severin Brizay, is planning to leave to join Bank of America Corp., according to people familiar with the matter. Brizay will become head of consumer and retail investment banking for EMEA at the US lender, the people said, asking not to be identified as ...

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