Bloomberg Marmageddon, Toblerone-gate, shrinking fish fingers. Get ready for more food fights. The 12 percent slump in sterling following Britain’s vote to leave the European Union is feeding through to food. Prices may be as much as 5 percent higher this time next year, and some grocers are already feeling the pinch from higher costs for milk, cheese and ...

  Bloomberg Global banking regulators said US lenders present a bigger risk to the financial system than last year and should face stiffer capital requirements to ward off threats. Citigroup Inc., Bank of America Corp. and Wells Fargo & Co. all face higher capital surcharges after they rose in the Financial Stability Board’s latest ranking of the most systemically important ...

  Lisbon / AFP Chinese conglomerate Fosun will become the biggest shareholder in the ailing BCP, Portugal’s biggest private bank, by agreeing to buy a 16.7 percent stake, the two sides said Sunday. Fosun is paying nearly 175 million euros ($185 million) via a capital increase after an agreement reached on Friday. Portugal’s banking sector is saddled with debt and ...