Bloomberg Euro-area banks will know by June how generous the terms of the European Central Bank’s new loans are going to be, according to Governing Council member Olli Rehn. Policy makers have yet to pass judgment on the severity of the current slowdown that prompted that measure, the Finnish central bank governor told Bloomberg in an interview. They are determined …

Bloomberg Citigroup Inc. faces a 133 million yen ($1.2 million) fine for allegedly manipulating prices in the Japanese government bond futures market, its latest regulatory setback in Asia. Japan’s securities watchdog said Citigroup placed orders in October for JGB futures contracts at the Osaka Exchange without intending to execute them, a practice known as spoofing. The Securities and Exchange Surveillance …

Bloomberg UBS Group AG has named Patrick Tsang as head of telecommunications, media and technology investment banking for Asia Pacific, according to people with knowledge of the matter. Tsang, a Hong Kong-based managing director for the Swiss bank, is replacing Randy Gelber, who is leaving to pursue other opportunities, the people said, asking not to be identified because the matter …