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India’s currency and bonds rally

Bloomberg India’s currency and sovereign bonds rallied as sliding oil prices improved the outlook for the nation’s finances and the central bank extended support via its open-market debt purchases. The rupee is on course for its biggest three-day advance since September 2013, with the drop in Brent crude seen helping reduce India’s net oil import bill and narrowing its current-account ...

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Deutsche Bank sees exodus of investment bankers in Asia

Bloomberg Deutsche Bank AG, the German lender that’s struggling to enact a turnaround, has seen a surge in turnover among investment bankers in Asia since May, as cost-cutting and sinking morale has prompted dealmakers to leave, people with knowledge of the matter said. Almost 50 bankers in Hong Kong and Singapore have left in the past six months, or about ...

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Danske scandal: First bankers apprehended

Bloomberg An international criminal investigation into Danske Bank A/S has led to the first group of bankers being apprehended, and prosecutors say more will probably follow. Police in Estonia have detained 10 former Danske employees in connection with what may be Europe’s biggest ever money laundering case. The country’s head of central criminal police, Aivar Alavere, said the group is ...

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