Bloomberg Top executives at Japan’s biggest banks are expecting negative interest rates to linger and see little immediate earnings boost after a surprise move by the nation’s central bank pushed lenders’ shares up by 13% last week. Earnings won’t enjoy a meaningful lift unless the Bank of Japan (BOJ) scraps negative interest, according to three senior executives, who asked ...

  Bloomberg Jason Moo, who spent more than two decades at Goldman Sachs Group Inc, will become the new chief at the private banking unit of Oversea-Chinese Banking Corp (OCBC), according to a person with knowledge of the matter. Moo, a Singaporean, will start at Bank of Singapore next year, said the person, who declined to be identified discussing confidential ...

  Bloomberg A decline in core inflation pressures is critical for moderating price gains and returning them to the Reserve Bank of India’s (RBI) 4% midpoint, said a rate-setter at India’s monetary policy panel. The pass through of higher input cost pressures in overall prices may not be complete yet, said Shashanka Bhide, an external member, adding that rising demand ...