Bloomberg Poland’s financial industry regulator quit after a newspaper reported that he made an improper offer to the owner of a troubled bank, triggering a government investigation. Financial Supervision Authority Chairman Marek Chrzanowski said allegations by Gazeta Wyborcza were a “dishonest and groundless” provocation, but that he must resign to ensure stability in the banking industry, he told Poland’s PAP ...

Bloomberg Denmark’s prime minister says he feels “deceived” and “let down” after backing free-market policies that helped make life easier for a financial industry now mired in scandal. Lars Lokke Rasmussen, who leads a center-right coalition, told lawmakers in the Danish parliament that his country’s banks “didn’t behave at all,” leaving him feeling “completely let down.” Denmark is trying to ...

Bloomberg Interest-rate hikes are still on the table in Asia as market volatility returns, with Sri Lanka unexpectedly increasing its benchmark rate. Sri Lanka’s central bank raised the standing lending facility rate to 9 percent from 8.5 percent on Wednesday, and almost half of the analysts surveyed are calling for another increase in the Philippines on Thursday. A hike could ...