Bloomberg UBS Group AG plans to keep the maximum amount of jobs and business in the UK as the country works towards a solution with European authorities on its exit from the trading block. The bank considers a centralised model more efficient and favors a European financial center that can “balance” New York, investment banking head Andrea Orcel said in ...

Bloomberg ICICI Bank Ltd., India’s second-largest private lender by assets, predicts the nation’s rate-cut cycle has ended and traders should brace for tightening in the coming months. “Reduction in the interest rate cycle has stopped now,” Chief Executive Officer Chanda Kochhar said in an interview with Bloom-berg TV. “We should be prepared for an increase over a period.” Kochhar wades ...

Bloomberg The Bank of Japan said Governor Haruhiko Kuroda wasn’t revising the inflation outlook when he said in Davos that consumer prices are finally moving close to the 2 percent target. “There are some indications that wages are actually rising, and some prices have already started to rise and even medium- to long-term inflation expectations, which have been so weak ...