Bloomberg Deutsche Bank AG’s asset management arm is in talks to invest in two German cryptocurrency firms as part of efforts to revive growth. DWS group, led by Chief Executive Officer Stefan Hoops, has held talks about buying a minority stake in Deutsche Digital Assets, a Frankfurt-based provider of crypto exchange-traded products. Another potential target is Tradias, the market-making ...

  Bloomberg The European Central Bank (ECB) won’t need to return to ultra-low interest rates as inflation will settle in a new regime close to its 2% medium-term target, according to Governing Council member Francois Villeroy de Galhau. “I personally believe that once we will have fought inflation and come back to 2% we will be in a new inflation ...

Bloomberg Expect more defaults in the $4 trillion municipal-bond market this year, Bank of America Corp. (BofA) strategists said. Most of the distress will be concentrated in riskier sectors like nursing homes and hospitals. Muni-bond defaults are forecast to total between $1.7 billion and $2.1 billion in 2023, according to a research note of the bank. First-time payment defaults in ...