Bloomberg US banks see tougher times ahead for consumers. That may not be so bad for the banks. The heads of the nation’s four largest lenders — JPMorgan Chase &, Bank of America Corp., Wells Fargo & Co. and Citigroup — took turns in calls describing customers who are drawing down savings, piling up debt on credit cards and ...

    Bloomberg The cost to hedge against volatility in dollar-yen over the coming week has risen to the highest level in almost three years as traders brace for any more Bank of Japan (BOJ) surprises on Wednesday. By raising the cost of the contracts, option sellers are trying to reduce the expense of being caught off guard again after ...

  Bloomberg Global equities faltered after their best start to a year in a generation as investors assessed whether the rally has gone too far given the outlook for the inflation, growth and earnings. The MSCI ACWI Index slipped for the first time in seven days after posting the biggest advance for the first two weeks in data going back ...