Bloomberg Bank of Canada Senior Deputy Governor Carolyn Wilkins wants to help companies develop new technologies such as digital currencies and ensure they meet tough standards to protect consumers and avoid market crashes. “Authorities should support innovation, but the bar will be high, especially for core financial services,” Wilkins said in Calgary. “I worry that players not covered currently ...

  Bloomberg Atop a hill in southern Spain sit a cluster of cement apartment blocks surrounded by scruffy gardens. Built during the go-go years of the country’s property bubble, the development was eerily still on a recent June morning. Banco Popular Espanol SA, which took ownership in a foreclosure, is offering flats for as much as 147,000 euros (US$165,100). Fatima ...

  Bloomberg Jefferies Group is making more changes to the investment-banking division that manages relationships with private equity firms, according to people familiar with the matter, following the departure of the group’s global head, Adam Sokoloff, in March. Christopher Ooten, a managing director at Bank of America Corp.’s Merrill Lynch unit, will join Jefferies’s financial sponsor group to replace Theodore ...