Bloomberg The possibility of merging Deutsche Bank AG and Commerzbank AG has won the backing of German officials who are seeking a new champion that would protect the nation’s economy from an exodus of foreign capital. The government is in favour of a tie-up between its two biggest banks to create a heavyweight that would finance Germany’s export-oriented economy, according ...

Bloomberg Bank of England (BOE) policy makers have the chance this week to share their thoughts on interest rates now that Governor Mark Carney has said he’s sticking around for longer. Four members of the Monetary Policy Committee are making public appearances — including the first speeches by Dave Ramsden and Gertjan Vlieghe since officials voted to hike interest rates ...

Bloomberg Nigeria’s central bank has revoked the operating license of Skye Bank Plc. and established Polaris as a bridge bank to takeover its assets and liabilities. “The strategy is for the Asset Management Company of Nigeria, Amcon, to capitalise the bridge bank and begin the process of sourcing investors to buy out Amcon,” Central Bank of Nigeria Governor Godwin Emefiele ...