Bloomberg HSBC Holdings Plc’s investment bank chief Samir Assaf said a hard Brexit is now unlikely after the UK election, and that could mean more jobs staying in London. A softer Brexit would be “very good news for us, because it will be less hassle and we would be able to do much more things from London,” Assaf said at ...

Bloomberg Despite half a decade of negative interest rates, Denmark’s banks are making more money than ever before. But the central bank in Copenhagen now says the industry is at risk of missing several warning signs that may be pointing toward another crisis, especially should interest rates suddenly rise. “There is every reason to watch out for speed blindness,” the ...

Bloomberg Japan’s biggest bank is set to undergo the most dramatic reduction in headcount since it was formed after the nation’s banking crisis shook the industry almost 20 years ago. Mitsubishi UFJ Financial Group Inc. is considering eliminating about 10,000 positions — about 7 percent of its workforce — over a decade as low interest rates and intensifying competition squeeze ...