Bloomberg Big euro-area lenders face a choice; clean up the complicated corporate structures that make them difficult to wind down in a crisis, or watch Elke Koenig do it for them. Koenig, head of the Brussels-based Single Resolution Board, said in an interview that streamlining banks’ architecture and ensuring they can fund their own demise without taxpayers’ help will be ...

Bloomberg Bank of England policy makers said the breakthrough in Brexit negotiations this month could prove to be positive for the UK economy, which has lagged behind many of its international peers this year. Having long been criticised for being overly negative on the fallout from Brexit, the lat- est commentary from the central bank noted the recent progress in ...

Bloomberg Bank of Canada Governor Stephen Poloz said policy caution and uncertainties around the economic outlook remain prominent in the central bank’s thinking, even as an economy running close to capacity increases the likelihood rates will eventually rise. Poloz used his last speech of the year to highlight three subjects he called “slower-moving, nagging issues” that keep him up at ...