Bloomberg Bankers based in Italy are meeting in the northern town of Parma at the Assiom Forex conference as the banking industry looks at possible consolidation amid rising profits and a resurgent economy after the pandemic. Italian lenders have cleaned up their books, curbed risks and reduced costs in last few years. Now, they are set to benefit from ...

  Bloomberg Bank of America Corp (BofA) says the worst of this year’s selloff in the municipal bond market might already be over, though there may be some additional pain in March after Federal Reserve’s rate decision. With timing of expected policy tightening at central bank now shifted to next month, first quarter should absorb most of the bearish price ...

  Bloomberg Mexican deputy central bank Governor Jonathan Heath expects the board to raise its key interest rate by a quarter-point next month, assuming the US Federal Reserve delivers an increase of that size and there are no other surprises. Going forward, the Fed’s hikes are likely to be the Banco de Mexico’s “floor,” Heath said in a video interview ...