Bloomberg The Canadian dollar reached its strongest level in four months as the nation joined the US and Mexico in a trade deal to replace the North American Free Trade Agreement. The loonie appreciated about 0.8 percent and touched as strong as C$1.2787 against the greenback, while Mexico’s peso rose for a fourth day. The new trade deal will be ...

Bloomberg On Monday, the number of banks deemed too big to fail in the euro zone will grow to eight from seven. The new arrival is Nordea Bank Abp, which is moving its headquarters to Helsinki from Stockholm. The bank, whose $670 billion in assets are more than twice Finland’s gross domestic product, has made clear its move was driven ...

Bloomberg The UK financial regulator fined Tesco Plc’s banking arm $21 million for failures that allowed cyber attackers to steal funds. The 48-hour hack in November 2016 was “largely avoidable” and took place because the thieves took advantage of weaknesses in the design of the bank’s debit card, its financial-crime controls and its so-called Financial Crime Operations Team, netting the ...