Reuters Riyad Bank, Saudi Arabia’s fourth-largest bank by assets, reported a 47.7 percent rise in third-quarter net profit, beating analysts’ forecasts as income from investments and fees and commission rose. The bank, which had reported flat or lower profits in nine of the last ten quarters, made $288 million in the three months to September 30, up from 729 million ...

Bloomberg Wells Fargo & Co. said four employees in foreign-exchange trading left the bank and the former leader of the business accepted a new role, as the Wall Street Journal reported that regulators are investigating the unit. Simon Fowles, Bob Gotelli, Jed Guenther and Michael Schaufler are no longer with the San Francisco-based lender, Jessica Ong, a bank spokeswoman, said ...

Bloomberg After a crucial week for the Bank of England (BOE), a November interest-rate increase no longer looks like a sure thing. Inflation may have hit 3 percent, but for some policy makers at the central bank, the domestic price pressures that justify raising now aren’t there. That view was backed up by data that showed wage growth slowing. Dave ...