Bloomberg Australia & New Zealand Banking Group Ltd. is being sued by the securities regulator over a controversial 2015 share sale which is already the subject of criminal-cartel charges. The Australian Securities & Investments Commission alleges the lender breached continuous disclosure responsibilities by not informing the market that the joint lead managers of the sale took up approximately 25.5 million ...

Bloomberg Patricia Moraes got lots of job offers after leaving JPMorgan Chase & Co. in January, but the only one she said “made my hands start to sweat” came from the billionaire families that run Magazine Luiza SA. Moraes said yes when the retail giant’s chairwoman, Luiza Helena Trajano, asked her to become one of the few women in Brazil ...

Bloomberg Airbus SE replaced its head of sales after less than a year, adding to the rapid changeover at the top of the planemaker and highlighting the challenge of filling the shoes of inimitable predecessor John Leahy. Eric Schulz, who joined the European planemaker from Rolls-Royce Holdings Plc, will be succeeded by Christian Scherer, 56, an Airbus veteran who has ...