Bloomberg The European Central Bank’s (ECB) loss of one of the four career officials managing its supervisory arm adds to a swelling vacancy list at the top of the bank watchdog just when its workload is set to increase. Jukka Vesala, one of a quartet of director generals at the helm of the Single Supervisory Mechanism, has resigned, the Frankfurt-based …

Bloomberg Wells Fargo & Co. is edging closer to a settlement with regulators over the crisis-era mortgage bonds investigation that took a $1 billion chunk out of third-quarter profit, according to Chief Financial Officer John Shrewsberry. “We are now having a negotiation, so it’s a matter of probably months or quarters, not anything more than that,” Shrewsberry said. The bank …

Bloomberg Boeing Co. is the “king of corporate welfare,” the UK’s main opposition Labour Party said, accusing the US aerospace giant of “egregious hypocrisy” in pursuing an illegal-subsidies claim against Bombardier Inc. that threatens thousands of jobs in Northern Ireland. The US slapped 300 percent of duties on Bombardier’s C Series aircraft after upholding Boeing’s contention that the Canadian company …