Bloomberg Gold stored at the Bank of England (BOE) has been trading at an unusually low price, in a sign that central banks may be shedding some of their holdings. The Bank of England’s vaults contain 5,676 tons of bullion, one of the largest stockpiles in the world, which it holds on behalf of other central and commercial banks. …

  Bloomberg Deutsche Bank is among a number of investment banks included in a sweeping probe by US regulators to find out how much employees rely on private communication channels such as WhatsApp to conduct business. There’s an “industry-wide” investigation in the US and Deutsche Bank is part of it, legal head Stefan Simon said at the lender’s annual general …

  Bloomberg The Philippine central bank raised its key interest rate for the first time since 2018 to combat Southeast Asia’s second-fastest inflation. Bangko Sentral ng Pilipinas increased the benchmark rate by 25 basis points to 2.25%, it said in a statement, as forecast by 14 of 21 economists in a Bloomberg survey. The rest saw no change. Philippines joined …