Bloomberg Ecobank Transnational Inc., Africa’s most geographically diverse lender, is betting that Nigeria’s plans for a digital revolution will increase the number of its customers in the country more than fivefold over the next five years. The bank is closing branches in the continent’s most populous nation to cut costs while using improving access to the internet to add …

  Bloomberg The Swiss National Bank (SNB) takes its money seriously. Fresh from winning banknote of the year for its 50-franc denomination, it unveiled a new 20-franc design on Wednesday that Vice President Fritz Zurbruegg argues might be the world’s most secure bill. Red in color and based on a theme of light and culture, the new 20, made of …

  Bloomberg Wells Fargo & Co. is poised to spread pain to the rank and file. That’s the view from analysts, who say the bank’s leadership almost certainly must announce more aggressive cost-cutting targets on Thursday when hosting an annual investor briefing. After a bogus-account scandal spooked new clients and crimped profitability, Wells Fargo will probably eliminate more branches and …