Frankfurt am Main / AFP Deutsche Bank intends to claw back millions in bonuses from six former top executives, a German newspaper said on Thursday, as the embattled lender seeks to cut costs and boost its capital cushion. The move would target former CEOs Anshu Jain, Juergen Fitschen and Josef Ackermann as well as three one-time board members, the ...

  Bloomberg The Swiss National Bank (SNB), which has the lowest interest rate among the world’s major central banks, may be done cutting. SNB President Thomas Jordan and his fellow policy makers will keep the deposit rate unchanged at minus 0.75 percent until at least the end of the first quarter of 2019, according to the median forecast in Bloomberg’s ...

Bloomberg The Bank of England (BoE) has been granted the ability to limit borrowing by investors in rental housing, increasing the central bank’s control over the property market. The BoE’s Financial Policy Committee has been given new powers to cap buy-to-let mortgage lending by regulating loan-to-value and interest coverage ratios, the UK Treasury said in a statement. UK benchmark interest ...