Bloomberg More bankers working at foreign firms in Japan expect their salaries will increase this year, despite their outlook for a weakening economy, volatile financial markets and a stronger yen, according to a survey by Morgan McKinley. About 58 percent of respondents received an indication from their employers that their base salary will rise in 2016, compared with 42 percent ...

Bloomberg For Europe’s banks, rising capital requirements represent a huge cost. But for one Swedish firm, the post-crisis world order is proving a goldmine. Hoist Finance, which helps international banks restructure debt by acquiring or managing non-performing unsecured consumer loans, anticipates stricter capital demands will force more banks to shed their problem loans in an effort to remove the costliest ...

Oslo / Reuters Norway’s biggest bank DNB must provide a written explanation of its policy of helping clients set up offshore companies in the Seychelles, the Norwegian industry minister said in a statement on Monday. “DNB says this should not have happened and that the bank should not have participated. That I agree to,” Trade and Industry Minister Monica Maeland ...