The Bank of England (BOE) warned on Thursday the U.K. is on track to register its weakest economic growth in a decade, blaming mounting Brexit uncertainty and a global slowdown. With just 50 days to go before the country leaves the European Union, the BOE's nine-member Monetary Policy Committee (MPC), led by Mark Carney, unanimously voted to leave interest rates unchanged at 0.75 percent. "U.K. economic growth slowed in late 2018 and appears to have weakened further in early 2019,"...

German police raided Deutsche Bank's offices in Frankfurt on Thursday in a probe of money laundering against the country's flagship lender. Two Deutsche Bank staff members are suspected of helping clients set up off-shore businesses to launder money gained from criminal deeds. Some 170 police officers, prosecutors and tax inspectors searched six of Deutsche Bank's offices Thursday morning, Frankfurt's public prosecutor's office said in a statement. Numerous written and electronic business...