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 …

Bloomberg Former European Central Bank (ECB) president Mario Draghi will get Germany’s highest honor this week, though probably not its undying love. German president Frank-Walter Steinmeier will give the country’s Order of Merit to the Italian, whose ultra-loose stimulus, including quantitative easing and negative interest rates, embittered many citizens in the euro region’s biggest economy. Unlike his predecessors, Jean-Claude Trichet …