Bloomberg KFC’s partnership with an Alibaba affiliate puts the pressure on the Golden Arches in China more than ever. By allying with a backer of the country’s top food delivery website, KFC owner Yum Brands has taken a step toward solving the dilemma of slowing growth in its biggest market outside the US. It’s a deal that McDonald’s, which ...

  Bloomberg Julius Baer Group Ltd., DBS Group Holdings Ltd. and LGT Bank are considering bids for ABN Amro Group NV’s private-banking business in Asia, people with knowledge of the matter said. The banks have expressed interest in the ABN Amro unit and will study more detailed information on its business, according to the people, who asked not to be ...

  Bloomberg Swedbank AB’s profit jumped 23 percent in the third quarter, exceeding analysts’ expectations, as Sweden’s biggest mortgage lender generated more revenue while keeping impairments in check. Net income in the three months through September reached 4.82 billion kronor ($541 million), compared with 3.93 billion kronor a year earlier, the Stockholm-based bank said on Tuesday. That was well above ...