Bloomberg Commonwealth Bank of Australia, the country’s largest mortgage lender, has tightened criteria for home loans to foreigners just as the central bank warned buying by Chinese posed an ‘indirect risk’. Commonwealth Bank, which accounts for one in every four mortgages in the country, will no longer approve applications that cite self-employed foreign income, it said in a note ...

  Bloomberg Commerzbank AG Chief Executive Officer Martin Blessing said a “slow” first quarter will make it more difficult to achieve last year’s profit, just a month after the bank projected an increase in full-year earnings. “The result for the first three months is likely to be lower than in the previous quarter,” Blessing, 52, told shareholders at the annual ...

  Bloomberg The People’s Bank of China (PBOC) used open-market operations to inject the most funds in two weeks, helping meet a seasonal spike in demand for cash that also saw the central bank provide two rounds of medium-term loans within a week. The PBOC auctioned 90 billion yuan ($14 billion) of seven-day reverse-repurchase agreements on Tuesday, the most since ...