Bloomberg Governor Andrew Bailey put the Bank of England’s BOE) credibility on the line with a pledge to end emergency gilt purchases as scheduled on Friday, in the face of mounting market pressure to extend the program. Investors dumped UK assets after Bailey told pension funds they have just “three days left” to sort out their liquidity positions before ...

  Bloomberg India’s inflation likely peaked in September but that’s unlikely to convince the central bank at this point to halt its tightening cycle, according to DBS Bank Ltd. “A bump up is expected in September numbers,” DBS Bank Senior Economist Radhika Rao said in an interview with Bloomberg Television’s Juliette Saly and Rishaad Salamat on Wednesday. “But the good ...

  Bloomberg Banca Monte dei Paschi di Siena SpA is clearing the final hurdles for its crucial €2.5 billion ($2.4 billion) share sale, with Chief Executive Officer Luigi Lovaglio close to having enough backing from investors to convince banks underwriting the deal. Parties are fine-tuning the details in order to start the share sale next week, people familiar with the ...