Bloomberg Germany’s Greens narrowed the gap to Chancellor Angela Merkel’s conservative alliance to one percentage point in the latest Insa poll for Bild am Sonntag newspaper. Merkel’s CDU/CSU bloc retained the lead but lost half a point to 25% compared with the previous week’s survey, while the Greens gained half a point to 24%. The Social Democrats, the junior partners ...

Bloomberg Taiwan is racing to contain its worst outbreak of the coronavirus, aiming to protect public health while averting a full lockdown that could derail what has been one of the outstanding health and economic success stories of the pandemic. The government urged companies to allow staff to work from home or split locations after reporting a record 206 new ...

Bloomberg Zimbabwe Justice Minister Ziyambi Ziyambi has alleged “foreign interference” in the country’s judiciary following the High Court’s nullification of an extension of Chief Justice Luke Malaba’s term of office. The State will lodge an appeal on Monday to challenge the court ruling, he said. “I want to make it clear that we do not accept the decision of the ...

Bloomberg Barclays Plc has been hit by a string of departures among senior credit traders in New York and London unhappy that their bonuses failed to reflect the pandemic profit surge. The bank has offered promotions to some employees and given assurances over future pay in an attempt to address their concerns, according to people familiar with the matter, who ...

Bloomberg DBS Private Bank started Asia’s first bank-backed trust solution for cryptocurrencies as demand for digital assets increases. The offering will allow private banking clients to invest, custodise and manage these assets in a safe, secure, and structured manner, DBS group Holdings said in a statement. It builds on the DBS Digital Exchange, which launched in December, and offers institutional ...

Bloomberg Chile’s central bank held its benchmark interest rate at a record low and said borrowing costs would stay at that level as long as needed for the economic recovery to strengthen. The bank board, led by its President Mario Marcel, kept the overnight rate at 0.5%. In an accompanying statement, policy makers wrote that economic prospects have improved. “The ...

Bloomberg Banks are lobbying the European Central Bank (ECB) to extend temporary capital relief granted during the pandemic to keep credit flowing to fragile economies, according to people familiar with the matter. Lenders on the continent have been pressing officials to be allowed to keep excluding deposits held at central banks when calculating their leverage ratio. The exemption, set to ...

Bloomberg JPMorgan Chase & Co. has told UK-based staff that more of them will return to office working starting next month as the country begins to wind down Covid-related restrictions. The American bank said in a memo that more workers would come to its London and Bournemouth sites from June 21. The offices will operate at a maximum of 50% ...

Bloomberg Commerzbank AG posted a surprise profit in the first three months and upgraded its full-year revenue outlook, providing support to Chief Executive Officer Manfred Knof after he unveiled a new turnaround strategy to boost profitability. Revenue soared 35% in the first quarter after the bank joined peers in profiting from strong trading and investment banking conditions. That helped drive ...

Bloomberg Deutsche Bank is rearranging how it sells fixed-income trading products as it seeks to lower costs without sacrificing revenue from the company’s biggest source of income. The new model will divide the coverage team into two groups, one focusing on flow and liquidity and another on client solutions. That’s in an effort to provide purely electronic or voice offerings ...