Bloomberg The design for a new class of safe financial assets intended to strengthen the euro area will be published imminently after almost a year of delay, according to officials familiar with the matter. The report, commissioned by European Central Bank President Mario Draghi, will offer a plan for bundling government debt from the bloc’s 19 nations into a security …

Bloomberg Federal Reserve Vice Chairman Randal Quarles, the central bank’s supervision chief, shared a laundry list of ways to make regulation less burdensome for Wall Street — including streamlining capital rules, overhauling post-crisis trading limits and making major changes to how the agency conducts stress tests. “Confusion that results from overly complex regulation does not advance the goal of a …

Bloomberg Bank of America Corp. may not be willing to help customers invest in bitcoin, but that doesn’t mean it isn’t plowing into the technology underlying the cryptocurrency. The Charlotte, North Carolina-based lender has applied for or received at least 43 patents for blockchain, the ledger technology used for verifying and recording transactions that’s at the heart of virtual currencies. …