Bloomberg JPMorgan Chase & Co and Citigroup Inc won’t be repeating 2018’s rough close to the year. Fourth-quarter trading revenue will rise “meaningfully” from a year earlier, driven by the fixed-income business, JPMorgan Chief Financial Officer Jennifer Piepszak said at an investor conference. Citigroup CFO Mark Mason said at the conference that the bank’s trading revenue in the period is ...

Bloomberg Uganda will spend as much as a fifth of government revenue on interest payments in this financial year and the International Monetary Fund (IMF) warned this could reduce expenditure on human capital and infrastructure projects. That’s equivalent to what countries that are close to or in debt distress spend on servicing credit, according to the IMF’s country Resident Representative ...

Bloomberg European Central Bank (ECB) policy makers meeting in Frankfurt this week will discuss the prospect of launching their own digital currency, according to euro-zone officials familiar with the matter. Governing Council members were expected to talk about the topic informally at dinner on Wednesday, a day before their policy meeting under new President Christine Lagarde, the people said, asking ...