Bloomberg Slowing global growth could threaten central bank independence and bring calls to expand remits beyond inflation targeting, according to Fitch Ratings. “Investors would be wise to consider the potential implications of mounting political pressures for greater contributions from monetary policy to support economic growth, possibly by unconventional means,” said James McCormack, Global Head of Sovereign Ratings at Fitch. Central ...

Bloomberg Japan’s central bank further fueled the growing consensus that the economy has made a turn for the worse with its widest downgrade of the nation’s regional economies in six years. In its equivalent to the Fed’s Beige Book, the Bank of Japan (BOJ) marked down its economic assessment of three out of nine regions in its quarterly report released ...

Bloomberg A UniCredit SpA employee in China allegedly siphoned off about 100 million yuan ($15 million) of clients’ money over three years by taking advantage of shared passwords and other internal security loopholes, according to people familiar with the matter. Local police and the China Banking and Insurance Regulatory Commission were informed late last year, and the regulator will levy ...