Bloomberg Deutsche Bank AG saw revenue from fixed-income trading rise by about a fifth in the final quarter of last year, a bigger jump than most of its Wall Street rivals as Chief Executive Officer (CEO) Christian Sewing increasingly leans on the unit to drive growth. The bank’s traders generated approximately 1.4 billion euros ($1.7 billion) in the period, a ...

Bloomberg Australia’s central bank will extend its quantitative easing program by a further $76.2 billion and doesn’t expect to increase interest rates until 2024, following in the footsteps of global peers in moving to stamp out premature tapering speculation. Governor Philip Lowe left the key rate and three-year yield target at 0.10%, the Reserve Bank said in a statement on ...

Bloomberg For the first time since 2017, Bank of America Corp. (BofA) clients with $561 billion combined say Bitcoin is the world’s most crowded trade as speculative euphoria hits Wall Street. Investors surveyed by the investment bank see signs that long positions in the largest digital currency are reaching unprecedented levels, while retail traders and institutional names join the crypto ...