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Deutsche Bank shelves India portfolio sale

Bloomberg Deutsche Bank AG has called off talks to sell its retail and private wealth businesses in India to IndusInd Bank Ltd., people with knowledge of the matter said. The German lender is considering keeping the operations after former Chief Executive Officer John Cryan stepped down this month, the people said, asking not to be identified because the information is ...

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BOJ to forecast inflation nearing 2 pct target for next two years

TOKYO / Reuters The Bank of Japan will likely maintain its view inflation will reach its 2 percent target next fiscal year and project it will stay near that level the following year, in new forecasts due out next week, sources familiar with its thinking said. But the central bank will reassure markets it is nowhere near an exit from ...

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SNB rewinds currency clock as franc nears old line in sand

Bloomberg The franc is within striking distance of what was once one of the most heavily defended boundaries in global markets. Having touched a three-year low of 1.19 per euro on Tuesday, the franc is now less than a centime away of the 1.20 mark at which the Swiss National Bank had its minimum exchange rate until early 2015 — ...

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