Bloomberg Ever since negative interest rates became a thing, banks have been too afraid to pass them on to retail depositors. That may be about to change. In Scandinavia, where sub-zero rates have been the norm longer than most other places, the finance industry has undergone several drastic adjustments to survive the regime. Banks have relied more on asset management ...

Bloomberg Royal Bank of Scotland Group Plc may appoint Alison Rose as chief executive officer, succeeding Ross McEwan, possibly as soon as next week, Sky News reports, citing unidentified people in the industry. Rose, currently deputy CEO of Natwest Holdings Ltd., would be the first woman to head a major UK high-street bank, Sky said. Banking regulators are considering the ...

Bloomberg Brazil’s central bank will have to weigh potential price pressures from the US-China trade war against prospects of a disappointing recovery when determining how long its easing cycle will last. On one hand, worsening trade tensions may push Brazil’s real lower and consequently dissuade policy makers from more aggressive benchmark interest rate cuts. On the other, fresh signs of ...