Central bankers stuck in brave new world

Policymakers at Jackson Hole indicate unconventional policy tools will endure

©FT Graphics / Brian Saffer

AB InBev deal yields $2bn in fees and taxes

Takeover of SABMiller leads to bumper payday for advisers

US housing: Long way from home

With property ownership at a 50-year low, rising sales mean millennials could get on the ladder

Iran a no-go for banks without US backing

This tale is a sad example of how uncoordinated Washington’s policy can be

Portugal and EU agree CGD recapitalisation

Institutional investors warn lender faces battle to raise €1bn

Low rates and high anxiety at Jackson Hole

The Fed’s annual gathering wrestles with tough questions about the future of central bank policy

Kenya banks shares hit after rate cap move

President’s decision to sign legislation surprises industry


NordLB hurt by shipping loans exposure

German bank adds further €568m in provisions in second quarter

Nordea and DNB to combine Baltic units

Merger will create the second-biggest bank in the region

Kenya to cap interest rates on bank loans

President defies opposition from the central bank and industry

Blockchain may help banks renew image

The appeal is that the technology should save them money

Suits join the hoodies with blockchain push

Cost savings and low returns drive lenders into working with system underpinning bitcoin

Bank of Montreal shrugs off oil price drop

Lender’s profits rise augurs well for nation’s banking sector

Co-op Bank to hire BofA as adviser

UK lender to bring US bank on board over potential sale

Past issues slow RBS’s plan to go private

Reimbursing the taxpayer is likely to take some time yet

Negative rates are not that dramatic

Division among central bankers reflects errors that have distorted debate, writes Adam Posen

Polish insurer in talks to buy Bank Pekao

PZU looks to build a lending business by acquiring Poland’s second-largest bank

China poised for credit default swap market

People’s Bank of China looks set to approve the hedging schemes

Banks cannot stop being villains of the piece

Low rates force banking industry to be more creative

NordLB to sell $1.5bn shipping loans

German Landesbank cuts its exposure to the industry in deal with KKR and wealth fund


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