Bloomberg Japan’s biggest banks have warned investors of a tough year ahead. The nation’s three megabanks have been relying on the healthy status of borrowers and sales of so-called cross-shareholdings for earnings as rock-bottom interest rates crimp lending profitability. Results on Wednesday showed they are losing those benefits at a time when the economy is weakening, trade tensions are escalating ...

Bloomberg JPMorgan Chase & Co. won shareholder approval for its executive pay plan even after an advisory firm criticised the firm’s policy as too subjective and opaque. A resolution to approve compensation for five named executive officers received backing from 72 percent of voters, according to a preliminary tally at JPMorgan’s annual shareholders meeting in Chicago. It was the lowest ...

Bloomberg Airbus SE will enhance the capabilities of the A220 single-aisle jet it acquired last year from Bombardier Inc in a bid to challenge Boeing Co by opening up potential new routes. Airbus will boost the range of the former C Series plane by about 450 nautical miles, sales chief Christian Scherer said in a briefing at the European planemaker’s ...