Bloomberg While global banks have been pouring money into information technology — to the tune of $1 trillion over three years — only a handful appear to be fully committed to a digital transformation and are therefore reaping the benefits, according to an Accenture Plc study. Just 19 of the 161 largest retail and commercial banks that the consulting firm …

Bloomberg The Bank of Japan (BOJ) kept monetary policy unchanged, just hours after the Federal Reserve became the latest central bank to signal a willingness to cut interest rates in the face of rising threats to global growth. The BOJ maintained its interest rates and asset purchases, it said in a statement. All 50 economists surveyed by Bloomberg had predicted …

Bloomberg Brazil held its benchmark interest rate at a record low and signaled it can cut borrowing costs to help a frail economy once a key austerity measure advances further in Congress. The bank’s board, led by its President Roberto Campos Neto, kept the Selic unchanged at 6.50 percent in a decision expected by all but one of the 39 …