As European Union lawmakers race to create a bank-failure agency so it can take action outside market hours, they’re battling to streamline a German-backed plan that may need the weekend to last four days.
ABN Amro Group NV, the state-owned Dutch bank preparing to sell shares to the public, said fourth- quarter losses widened 24 percent as economic woes in the Netherlands forced it to set aside more bad-loan provisions.
The U.S. economy may have grown less in the fourth quarter than initially projected, while consumer confidence probably held near a five-month high. Germany, the U.K. and Brazil will also release growth figures in the coming days.
European government bonds fell, with benchmark German 10-year yields climbing the most in two weeks, after Bank of England policy maker Martin Weale said U.K. interest rates may rise as soon as early 2015.