Bloomberg Mark Carney looks poised to repeat a strategy that served him well during the global financial crisis. As the Bank of England governor seeks to stave off any turmoil after Britain’s decision to quit the European Union, he has cited his experience at Canada’s central bank in 2008 as a guide. Acting early to prevent a deeper downturn ...

  Bloomberg The biggest banks and insurers in Africa, including Old Mutual Plc and Standard Bank Group Ltd, are temporarily closing operations and evacuating staff after violence between rival political factions in South Sudan’s capital, Juba, left at least 272 people dead. The fighting disrupted operations of Standard’s CfC Stanbic Bank in Juba and action had to be taken to ...

  Cape Town / Bloomberg Mitsubishi UFJ Financial Group Inc led a rally in Japanese bank shares after the Sankei newspaper reported that policy makers are considering allowing the central bank to directly finance government stimulus spending. MUFG, Japan’s largest bank, closed 5.3 percent higher in Tokyo trading on Wednesday and was the best performer on the Topix Banks Index, ...