Bloomberg The yuan climbed to its strongest level in a week, as Chinese authorities work to halt the currency’s recent plunge with stronger fixings and a verbal defense. The currency rose as much as 0.26 percent to 6.8900 per dollar, the strongest level since Nov. 22, before trimming the gains to trade 0.24 percent stronger as of 5:31 p.m. …

  Bloomberg Standard Chartered Plc is cutting about 10 percent of the staff in its corporate and institutional division as part of a plan announced last year to eliminate 15,000 jobs and improve profitability at the Asia-focused bank, according to a person familiar with the plans. Staff will be notified of the cuts starting this week, and jobs will be …

  Bloomberg Banco Santander SA is scrapping plans to separate its consumer lending operations from large corporate and institutional banking in the UK in the wake of the country’s vote to leave the European Union, according to a person with knowledge of the matter. The Spanish lender is discussing fresh proposals with the Bank of England to meet the regulator’s …