Bloomberg French Minister of Foreign Affairs Jean-Yves Le Drian is expected to hold talks with US Secretary of State Antony Blinken in Paris next Tuesday, in a bid to improve ties after the recent diplomatic crisis between the two countries. The two ministers will hold in-depth talks “in o rder to identify the steps that could allow the restoration of ...

Bloomberg Japan’s financial regulator (FSA) is keeping a closer watch on the nation’s banks and insurers as their drawn out hunt for yield pushes them into riskier non-traditional assets. After years of ultra-low interest rates and record levels of deposits, it’s “inevitable” that firms are taking bigger risks, according to Toshinori Yashiki, who’s in charge of assessing risk at banks ...

Bloomberg Bank of America Corp.’s (BofA) online-banking platform went down for several hours, leaving thousands of customers locked out of their accounts before service was restored. The outage started in the morning and began to be resolved midday. Bank of America’s website and app were both at full capacity in New York, according to a company spokesman. “Today, some of ...