Bloomberg UBS Group AG is setting aside hundreds of millions of dollars of its own money to invest in fintech companies, joining peers in financing startups that are upending traditional banking. The Swiss wealth manager is planning a corporate venture capital fund to make investments between $10 million and $20 million in dozens of companies, according to a person familiar ...

Bloomberg One of the Bank of England’s (BOE) key policy makers played down the possibility of an imminent cut in interest rates below zero, saying that “reviewing and doing are different things.” Andy Haldane, BOE’s chief economist who more than a week ago said officials were assessing negative rates, added that policy makers weren’t ruling any options out “as a matter ...

Bloomberg Oil traded near $33 a barrel as an escalating war of words between the US and China added to caution over the prospects for a global recovery in demand. China has warned that some in the US were pushing the countries towards a new Cold War, stoking concerns that deteriorating relations between Beijing and Washington could complicate the market’s ...