Bloomberg UBS Group AG won an early release from a ban on sponsoring initial public offerings in Hong Kong, setting it up to once again broker deals in the world’s busiest market. The lifting of the ban comes after UBS “engaged and cooperated” with an independent 10-month review over its policies, procedures and practices, the Securities and Futures Commission said ...

Bloomberg Visa Inc grew into one of the world’s most valuable financial companies by serving as the pipes that help connect banks and merchants. Now, it’s making a major bet on doing the same for data between banks and financial startups. Visa agreed to pay $5.3 billion for Plaid, a fintech firm that connects popular apps like Venmo to customers’ ...

Bloomberg Danske Bank A/S is offering 2,000 of its employees in Denmark a sweetened package to step down as the cost of adapting to a world with stricter regulations and negative interest rates just keeps growing. Staff have until the end of January to decide, according to an emailed comment sent by the bank. Denmark’s bankers’ union said Danske is ...