Bloomberg Wells Fargo & Co. isn’t giving up its mortgage-lending crown without a fight. The bank wants to hold on to its top spot as the whale of the $1.7 billion industry in the US, even as it predicts profit margins on making home loans will shrink this year and it faces pressure from rival Quicken Loans Inc. “We want ...

Bloomberg Canada’s financial watchdog plans to revise capital requirements for the nation’s banks, drafting more risk-sensitive interim rules while moving faster towards adopting new criteria set by global regulators. The Office of the Superintendent of Financial Institutions’ Carolyn Rogers announced the changes during a speech at a conference hosted by RBC Capital Markets in Toronto. She said Canadian banks would ...

Bloomberg Japan’s economy will exceed growth forecasts this year, prompting the central bank to tighten monetary policy by mid-year, said Allen Sinai, president of Decision Economics Inc. Sinai said he expects Japan’s economy to grow 2 percent in 2018, and even faster in 2019, perhaps as much as 2.5 percent. “What has snuck up on everybody is the world business ...