Bloomberg Consolidation in Italy’s banking industry will probably be postponed — again. Potential tie-ups were high on the agenda of the bankers who gathered in the northern town of Brescia for the Assiom Forex conference, but no one seemed ready to take the first step. The current regulatory framework and Italy’s poor economic prospects will probably delay deals that analysts ...

Bloomberg Deutsche Bank AG and SSG Capital Management have made a joint bid for an Indian power producer’s debt of 60 billion rupees ($842 million), according to a person familiar with the matter. The consortium has submitted a binding bid of about 31 billion rupees for the delinquent debt of Chennai-based Coastal Energen Pvt, the person said, asking not to ...

Bloomberg Denmark and Switzerland have long shared the world record in negative interest rates, at minus 0.75%. But that may be about to change. Economists at some of the biggest Nordic banks say Denmark, which pegs the krone to the euro, is likely to raise its key rate in the coming months. Not long ago, they thought a cut was ...