Bloomberg Italy’s crippling public debt is set to keep expanding amid chronically low economically growth, the International Monetary Fund (IMF) said. Saddled with Europe’s largest debt burden, the country has benefited from the European Central Bank’s expansionary monetary policy and a period of relative political stability to bring down yields. But its interest costs are still higher than its economic ...

Bloomberg Concern at the Bank of Japan (BOJ) over the effectiveness of prolonged low interest rates appears to be growing, with one board member indicating that a policy review may be needed, a summary of views from the central bank’s January meeting signalled. The member said active discussions over policy are taking place in the US and in Europe given ...

Bloomberg Deutsche Bank AG said employee pay raises for 2020 won’t take effect until April 1, postponing increases that typically show up at the start of the year. “We will continue to compensate employees for their qualifications, experience and skills, commensurate with the requirements, size and scope of their role,” the company said. “The only thing that will change is ...