Reuters Kuwait’s Boubyan Bank is aiming to sell $250 million in capital-boosting sukuk after releasing initial pricing thoughts for the issue, a document from lead managers said. The deal, structured with a perpetual tenor and with an option for the bank to redeem the paper after the fifth year, is earmarked to price in the very low 7 percent ...

Bloomberg Nordea Bank AB will cut more jobs as Scandinavia’s largest lender looks for ways to lower its cost-to-income ratio by about one-fifth. “Over time the headcount will be lower,” Chief Executive Officer Casper von Koskull said in an interview at Nordea’s headquarters in Stockholm. “A best-in-class retail bank operates today with a cost-to-income ratio in the low 40s. Surely ...

  Luton / AFP-Bloomberg British no-frills airline EasyJet on Tuesday said it had fallen into a loss during the first half of its financial year in the wake of the Brussels attacks. Its earnings statement added that future revenues would be impacted also by recent events in the Belgian capital. Net losses stood at £20 million ($29 million, 25 million ...