Bloomberg As Nordea Bank AB’s Bitcoin ban for staff has unions questioning the legality of the move, Sweden’s minister in charge of financial legislation says it’s understandable that the industry is resorting to such measures. “If banks have rules on what investments they or their employees are trading in, it is up to them,” Financial Markets Minister Per Bolund told …

Bloomberg UBS Group AG plans to keep the maximum amount of jobs and business in the UK as the country works towards a solution with European authorities on its exit from the trading block. The bank considers a centralised model more efficient and favors a European financial center that can “balance” New York, investment banking head Andrea Orcel said in …

Bloomberg ICICI Bank Ltd., India’s second-largest private lender by assets, predicts the nation’s rate-cut cycle has ended and traders should brace for tightening in the coming months. “Reduction in the interest rate cycle has stopped now,” Chief Executive Officer Chanda Kochhar said in an interview with Bloom-berg TV. “We should be prepared for an increase over a period.” Kochhar wades …