Bloomberg The Bank of Japan (BOJ) expressed concern that some banks may take excessive risks to maintain profitability while the ability of others to lend could weaken following the introduction of its negative interest-rate policy. Banks are less able to make up for declining profitability of domestic lending because the areas that had supported earnings, such as low bad-loan ...

  Bloomberg China’s money market is showing increasing signs of a shortage of cash, with interest-rate swaps climbing to a six-month high and banks paying higher interest to obtain government funds. The cost of one-year swaps rose as much as four basis points to 2.67 percent in Shanghai, the most expensive since April 29, while the benchmark seven-day repurchase rate ...

  Bloomberg Nineteen US financial firms — including titans such as JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. as well as regional lenders and credit unions — have signed up for a new real-time payments network dubbed Zelle. The venture, replacing an existing system called clearXchange next year, will be accessible to more than ...