Bloomberg UK fashion chain M&Co Trading Ltd has gone into administration after struggling to cope with higher costs and waning consumer appetite. The retailer appointed Teneo to oversee the administration, seeking a possible sale of the business while M&Co’s 170 stores and website continue to operate, according to a statement. Around 1,900 staff are at risk of redundancy. M&Co …

Bloomberg Credit Suisse Group AG lost two senior executives in China and Italy, adding to a string of departures as the troubled Swiss lender embarks on a comprehensive restructuring. Carsten Stoehr, chief executive officer of Greater China, is leaving Credit Suisse effective from December 15, according to an internal memo that was confirmed by a Hong Kong-based spokeswoman. He had …

  Bloomberg Availability of credit as central banks hike interest rates along with the ability of Indian corporates to tap capital markets to raise funds will be key to driving growth in the local deal market, Amitabh Malhotra, head of global banking for HSBC India, said. “Indian companies are very robust in terms of their balance sheets, so I feel …