Bloomberg Germany’s Green party declined for a second consecutive week and Chancellor Angela Merkel’s conservative bloc clawed back support, four months before the country goes to the polls. Support for the Greens fell to 22% while Merkel’s Christian Democratic-led bloc rose 1 percentage point to 25% in the weekly Insa poll for Bild am Sonntag. It was the second 1-point ...

Bloomberg Hong Kong’s virtual banks are facing years of red ink on the bottom line after making limited inroads against their brick-and-mortar rivals in the financial hub. The two leading digital banks so far, Mox Bank Ltd, backed by Standard Chartered, and ZA Bank Ltd, bankrolled by China’s ZhongAn Online P&C Insurance, predict they will start breaking even by 2024 ...

Bloomberg Credit Suisse Group AG is grappling with how to keep top bankers from fleeing to competitors and drastically reducing risk as new Chairman Antonio Horta-Osorio seeks to recover from a series of scandals. The lender is cutting ties with SoftBank Group Corp, a backer to Lex Greensill’s collapsed supply-chain finance empire, and it’s temporarily barring clients from withdrawing all ...