Bloomberg The pound rose as UK data was seen supporting the case for a November rate increase from the Bank of England (BOE). Sterling’s rally took this week’s gains to around 1 percent, as manufacturing and construction output beat forecasts. The data still showed a mixed picture for the U.K. economy as the nation’s trade deficit increased to the most ...

Bloomberg Chief Executive Officer John Cryan is losing the support of some investors just seven months into Deutsche Bank AG’s latest turnaround plan. Three of the 10 largest stakeholders in the bank, speaking on condition of anonymity, said they want to see a turnaround in the next few quarters, particularly in the trading business, to continue to back the 56-year-old ...

DUBAI / Reuters Warba Bank, a Kuwaiti sharia-compliant lender, is syndicating a $250 million debt facility, its first in the syndicated loan market, sources familiar with the matter said on Tuesday. The financing is Warba’s latest fund-raising exercise after its issue in March of $250 million of Tier 1 sukuk, as the lender seeks to boost its capital ratios and ...