Bloomberg Investors are betting the yen may rise as much as another 10% after the Bank of Japan’s (BOJ) unexpected policy shift fueled speculation it is finally abandoning its ultra-dovish monetary settings. The currency may appreciate to 120 per dollar or stronger due to its inexpensive valuations, according to Generali Investments, while Union Investment Privatfonds GmbH predicts a short-run ...

  Bloomberg Anne Finucane is stepping down as chair of Bank of America (BofA) Corp Europe and passing the torch to Vice Chairman Paul Donofrio. Finucane will leave her post at the end of the month at the company’s European banking subsidiary, which is based in Ireland, people familiar with the matter said. She will also exit her position as ...

Bloomberg European stocks advanced alongside US stock futures after the S&P 500 closed higher for the first time in four sessions, providing a moment of respite in one of the worst years for stocks and bonds in more than a decade. The Stoxx Europe 600 Index rebounded 0.5% from its lowest level since November 9 after global bond yields surged ...