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Deutsche veterans Nichol, Torres poised to depart

FRANKFURT / Bloomberg Deutsche Bank AG is set to lose two of its most senior investment bankers in Asia as Bill Nichol and Joaquin Rodriguez Torres plan to depart this year, people familiar with the matter said. Nichol, who runs investment banking for financial institutions in the Asia-Pacific region, plans to leave in May after more than 13 years with ...

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Indonesia banks to benefit from govt plan to boost economy

Jakarta / BLOOMBERG Indonesia’s top banks may get a lift from new government plans to spur the economy, which are seen boosting loan growth while allowing them to protect margins that are already among the world’s widest. The Financial Services Authority, known as OJK, will lower the ceiling for deposit rates this month for major lenders, a step it intends ...

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ECB brainstorms as Draghi seeks stimulus

Bloomberg One week before a long-awaited stimulus decision, European Central Bank (ECB) officials are privately deliberating over how to enhance their monetary policy stance without maiming its transmission. Committees studying how to mitigate the impact on banks have prepared potential measures that range from variations on a tiered deposit rate to techniques for countering the impact of stimulus on excess ...

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