Bloomberg ING Group NV, the largest Dutch lender, said profit jumped 68 percent, more than analysts expected, as wholesale lending revenue rose while costs and bad-loan provisions fell. Underlying profit rose to 1.38 billion euros ($1.49 billion) in the fourth quarter from 822 million euros in the previous year, the Amsterdam-based bank said in a statement on Thursday. That ...

  Bloomberg Complex debt trades that started as a way for lenders to reduce their loan exposure are becoming a business opportunity for some of the world’s biggest investment banks. Others are worried they could become another source of systemic risk. Nomura Holdings Inc. and Credit Suisse Group AG are among the most-active firms earning high fees by providing loans ...

  JUBA / AP Warnings of possible genocide hang over the world‘s youngest nation, but here on a basketball court under a fierce morning sun, South Sudan‘s civil war seems like another country. Flashing up and down the court in blue and yellow jerseys, the players laugh and sweat as their wheelchairs jostle for position. This wheelchair basketball tournament in ...