Bloomberg The ailing pound may need a dose of positive UK data to help it recover from a losing run against the dollar. Traders will watch data due this week in the hope that evidence of a strong economy will help boost the currency. Sterling dropped below $1.30 for the first time in seven weeks as investors looked past the …

Bloomberg Credit Agricole SA’s investment bank and retail business are both benefiting from the thirst for credit. Financing revenue jumped 17 percent in the second quarter after the bank provided advice and arranged debt financing on large deals including Altran Technologies SA’s takeover of Aricent Inc., helping the investment bank beat estimates. The bank’s French LCL retail business also did …

Bloomberg American International Group Inc. fell 2.7 percent after second-quarter earnings came in below estimates as a restructuring expense hurt results. Profit in the period fell from a year earlier as private equity and hedge fund performance weakened, the New York-based insurer said in a statement. Net investment income, which declined 12 percent to $3.1 billion, is on target for …