Bloomberg The Bank of Japan (BOJ) reduced purchases of bonds for the first time in two months, stepping in to arrest a decline in yields amid a global debt rally spurred by rising risks to growth worldwide. The central bank offered to buy 180 billion yen ($1.6 billion) of securities maturing in 10-to-25 years at regular operation, versus 200 billion ...

Bloomberg ABN Amro Group NV missed fourth quarter profit estimates on increased anti-money laundering costs and an anticipated dividend increase failed to materialise. The Dutch lender kept its dividend at 1.45 euros for 2018, the same as the year before, missing analyst estimates of 1.54 euros. Fourth quarter net income was 316 million euros, this result includes 85 million euros ...

Bloomberg Banco Santander SA reminded investors that juicy bonds can come with nasty surprises. The Spanish lender rattled the bank Additional Tier 1 market by saying it will skip an option to call 1.5 billion euros ($1.7 billion) of perpetual contingent-convertible notes next month, sending the bonds tumbling. The announcement came right at the deadline for a decision, after the ...