Bloomberg Hungarian central bankers are joining the quantitative easing (QE) era just as major global counterparts such as the US Federal Reserve look to leave it. The National Bank of Hungary will start buying mortgage-backed securities from January in its latest move to bring investors to heel and drive down interest rates. Departing from the approach of most small central ...

Bloomberg The chief executive officer of Nordea Bank AB says his industry needs to rethink pretty much everything it’s doing to brace for the future. And that includes how much it’s paying bankers. The Nordic region’s biggest financial conglomerate is already in the process of cutting 6,000 jobs as part of a shift towards relying more on technology and less ...

Bloomberg A high-profile plan to prevent federal watchdogs from getting too cozy with banks they are supposed to police has been scrapped by President Donald Trump’s newest Wall Street regulator. For years, the Office of the Comptroller of the Currency intended to remove hundreds of examiners who work inside the offices of JPMorgan Chase & Co., Citigroup Inc. and other ...