Bloomberg Soros Fund Management took a short position in Deutsche Bank AG of about 7 million shares as turmoil from the UK’s decision to leave the European Union sent bank stocks lower. The position taken was equivalent to 0.51 percent of Deutsche Bank’s share capital, according to a German filing. The document doesn’t show at which price the fund ...

  Bloomberg It’s been blamed for fighting inflation at the expense of the economy and turning its targets into ‘fetishes.’ Now Russian lenders say the central bank’s latest swipe at price risks is putting pressure on their bottom line and credit. Reserve-ratio requirements will be increased by 75 basis points from Aug 1 for ruble and foreign-currency liabilities, policy makers ...

  Bloomberg European Central Bank President Mario Draghi avoided mentioning the UK’s vote to leave the European Union and called for greater alignment of policies globally to mitigate the spillover risks from ultra-loose monetary measures. “We can benefit from alignment of policies,” Draghi said at the ECB Forum in Sintra, Portugal. “What I mean by alignment is a shared diagnosis ...