Bloomberg Deutsche Bank AG will benefit the most by far from the European Central Bank’s new tiered deposit rate, JPMorgan Chase & Co analysts led by Kian Abouhossein said. Germany’s largest lender stands to save roughly 200 million euros ($222 million) in annual interest payments thanks to a new rule that exempts a big chunk of the money it holds ...

Bloomberg A further cut to negative Swiss interest rates could have the undesired effect of strengthening the franc as foreign investors pile into the country’s outperforming stock market to reap superior returns over bonds, former Swiss National Bank Chief Economist Kurt Schiltknecht wrote in daily Neue Zuercher Zeitung. “These investment opportunities don’t go unnoticed by foreign investors and often result ...

Bloomberg Singapore’s Hong Leong Finance Ltd sees the country’s plan to issue virtual banking licenses as an opportunity to find new customers and re-invent itself as a tech-savvy lender to the nation’s new businesses. The firm, founded in 1961, has been in talks with financial-technology companies about a joint application for one of the licenses, according to President Ang Tang ...