DUBAI / Reuters Oman has appointed banks to arrange a global fixed income investor call ahead of a potential dollar sukuk issuance which would be the first public international sale of Islamic bonds by the Gulf state. The planned sale, expected to raise around $2 billion, would be in addition to a $3.6 billion syndicated loan that Oman is in ...

Bloomberg The European Central Bank (ECB) can’t wait too long to signal the winding down of its stimulus measures, Executive Board member Benoit Coeure warned on Thursday, citing the risk of jolting the markets. “Too much gradualism in monetary policy bears the risk of larger market adjustments when the decision is eventually taken,” Coeure said in an interview with Reuters ...

Bloomberg Both sides of Wells Fargo & Co.’s $142 million settlement over its fake-accounts scandal made last-ditch efforts to salvage the class-action pact after a federal judge voiced misgivings about some of its terms. Lawyers for the bank and customers submitted new information in an attempt to address U.S District Judge Vince Chhabria’s concerns that the deal shortchanges consumers and ...