Bloomberg Barclays Plc’s Jes Staley has a stronger case to fend off the British lender’s activist shareholder as he delivers on a promise to grow its securities trading business. The unit saw fixed income, currency and commodities income substantially outperform US peers in the third quarter, rising almost 10 percent. Equity trading revenue surged by more than a third, the …

Bloomberg The European Central Bank is starting to consider whether the financial crisis changed forever the way it controls interest rates. A decade of pumping cash into the financial system put so much downward pressure on market rates that all policy makers can do is set a floor — the minus 0.4 percent they impose for holding banks’ deposits overnight. …

Bloomberg Sweden’s central bank said it may soon need to raise interest rates for the first time in seven years if the pace of growth in Scandinavia’s biggest economy continues to support inflation. The Riksbank stuck to its earlier guidance, which gave policy makers a window from December until February to deliver a 25 basis-point rate increase. The bank kept …