Bloomberg Deutsche Bank AG may have defused a potential land mine in its still-fragile turnaround. A once-treacherous decision about whether to retire one of the bank’s riskiest bonds in April has almost become a nonevent amid signs of progress in the overhaul and overwhelming evidence of the lender’s ability to sell Additional Tier 1 notes in a red-hot market. The ...

Bloomberg President Donald Trump’s pick for the Federal Reserve Board, Judy Shelton, came under fire from Republican lawmakers, signalling trouble ahead for her nomination. Speaking to reporters after a Senate Banking Committee hearing on her appointment, Senators Richard Shelby from Alabama, Patrick Toomey from Pennsylvania and John Kennedy from Louisiana all said they had not decided if they would vote ...

Bloomberg The Swiss National Bank (SNB) is in a bind about how to rein in the franc’s unwanted strength without being labelled a currency manipulator by the US. Policy makers, who’ve resorted to tactics including massive foreign exchange interventions over the years, now have a new complication. SNB President Thomas Jordan has to balance the need to protect the economy ...