Bloomberg US banks, which have been combining at levels not seen since before the global financial crisis, are now facing the near-term hurdles of stalled approvals and the mounting opposition from Democrats in Washington. All of that is unlikely to keep the string of deals from ultimately continuing, according to analysts. Regional lenders “may tap the brakes” in their merger-and-acquisition ...

Bloomberg The Czech central bank expects only a limited economic fallout from the worsening pandemic and remains prepared for more interest-rate increases to curb surging inflation, according to one of its vice governors. The country “has learned to live with Covid” and potential lockdown measures are unlikely to significantly hurt consumption and investments, Marek Mora said in a video posted ...

Bloomberg Singapore’s central bank said it will consider supervisory actions after DBS Group Holdings Ltd. suffered one of the worst digital disruptions for Southeast Asia’s biggest lender in the past decade. “This is a serious disruption and MAS expects DBS to conduct a thorough investigation to identify the root causes and implement the necessary remedial measures,” Marcus Lim, assistant managing ...