Haruhiko Kuroda is miles from where he wants to be. About 200 miles. That’s the distance from Tokyo to Nagoya, where the Bank of Japan governor gave a very upbeat speech last year. Some interpreted those remarks as laying the groundwork for a shift from the ultra-accommodation that’s been the central bank’s trademark. In terms of monetary policy, Nagoya might ...

Every deal in the payments business looks expensive – until the next one comes along. Fidelity National Information Services Inc. (FIS) is paying a heady $34 billion plus for Worldpay Inc. not much more than a year after the rival payments processing company bulked up with an expensive takeover of its own. The logic of the combination is simply greater scale ...

Germany has come up with a solution to the deep troubles at one of the world’s largest banks: make it part of an even bigger one. The people who oversee Europe’s financial system had better be ready for the consequences if this doesn’t end well. The Frankfurt-based Deutsche Bank is in talks to merge with crosstown rival Commerzbank — a ...