BANJUL / AP Gambia’s capital on Sunday was awaiting the arrival of the country’s new leader and an era of democracy, hours after the authoritarian ruler of 22 years flew into exile with an extraordinary set of assurances from the international community. Even as new President Adama Barrow remained in neighboring Senegal awaiting a triumphant return after a whirlwind political ...

  Bloomberg While Scandinavia waits for its regulators to finalize rules on bonds that are supposed to absorb losses if issuing banks get into trouble, Societe Generale SA decided to lead the way and sell its first senior bail-in-able notes in a Nordic currency. France’s second-largest bank by market value is issuing senior non-preferred notes in Swedish kronor after already ...

  Bloomberg Saudi Arabia central bank Governor Ahmed Alkholifey said a cash crunch that squeezed commercial lenders last year is over and that he’s open to more foreign financial institutions operating in the biggest Arab economy. The Saudi Arabian Monetary Authority sees no need for further steps to boost banking liquidity, Alkholifey said in an interview with Bloomberg Television in ...