AFP Customers at Deutsche Bank, Germany’s largest, will not be charged negative interest rates on their savings, a senior executive said on Wednesday. “That won’t happen with us,” private banking chief Christian Sewing told Bild daily. Banks across Europe are feeling the pinch of a -0.4 percent rate on their deposits with the European Central Bank (ECB). The ECB ...

  Bloomberg Mizuho Financial Group Inc. formed an alliance with Malayan Banking Bhd. on stock research and trading in Southeast Asia, as the Japanese lender complements an equities hiring push with partnerships. Maybank Kim Eng, the investment-banking arm of Malaysia’s largest bank, will provide Japanese institutional clients of Mizuho Securities Co. with research on companies in Southeast Asia as well ...

  Bloomberg Cathay Pacific Airways Ltd. reported first-half profit that missed analysts’ estimates as losses from jet-fuel hedges mounted and competition with Chinese carriers cut passenger yields. The shares dropped the most in a year. Net income in the six months through June fell 82 percent to HK$353 million ($45.5 million), Asia’s biggest international airline said on Wednesday. That fell ...