Bloomberg Ukraine sealed a preliminary $5.5 billion loan programme with the International Monetary Fund (IMF), giving President Volodymyr Zelenskiy a boost before peace talks with Russia. The staff-level agreement includes policies to be carried out by Ukraine’s government to underpin the three-year programme, IMF Managing Director Kristalina Georgieva said in a statement after a phone call with Zelenskiy. “The president …

Bloomberg First there was the financial crisis of 2008. Then years of negative interest rates. Now, banks face what one financial regulator calls the “real game changer.” Jesper Berg, the head of the Financial Supervisory Authority in Denmark, says the next big threat for banks is the rapid spread of big tech into financial services. The competitive tool is personal …

Bloomberg Goldman Sachs Group Inc said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts including Sabine Schels said. “We still see upside in …