Bloomberg Federal Reserve Governor Lael Brainard said US economic momentum is strong and a gradual approach to interest-rate increases remains appropriate for now. “The gradual path of increases in the federal funds rate has served us well by giving us time to assess the effects of policy as we have proceeded,’’ Brainard said at a conference at the Peterson Institute …

Bloomberg German Chancellor Angela Merkel’s ruling party wouldn’t back the government taking a stake in Deutsche Bank AG to strengthen the nation’s financial industry, senior members said. “The argument for a ‘big bank’ can be discussed as a matter of economic policy, but it doesn’t justify the use of taxpayers’ money,” Michael Meister, a member of the Christian Democratic Union’s …

Bloomberg Danske Bank A/S shareholders, who’ve lost more than 40 percent on their investment this year, are looking to a brighter future after the lender took another step to purge its leadership. Denmark’s largest bank replaced its chairman, following October’s ouster of its chief executive officer, as it seeks to atone for its role in one of Europe’s biggest money …