European central bankers warned that risks to the region’s economy, including trade tensions and high government debt, are growing. They met in Portugal this week. Falling inflation and improving growth in the eurozone were overshadowed by the victory of Marine Le Pen’s far-right Eurosceptic party in the first round of France’s parliamentary elections at the … Read more
The rising political heat is complicating interest rate decisions in the US and Britain, where central banks are wondering whether to cut borrowing costs as voters prepare to go to the polls. The Bank of England and the Federal Reserve want to avoid any perception that they are cutting rates to help sitting governments, former … Read more
Citigroup Inc., HSBC Holdings Plc and Barclays Plc are ordering more executives to report to the company’s offices five days a week as regulatory changes make it harder for Wall Street to allow working from home. Citigroup will need about 600 U.S. employees previously eligible to work remotely to commute to the company’s offices full-time, … Read more