Bloomberg Volatility may be here to stay — but there’s a lot investors can do to prepare for it. “Hedges against late cycle volatility bursts in credit, dispersion and cross-asset volatility as the equity/bond correlation itself becomes more volatile” are one key theme in Societe Generale SA’s second-quarter outlook from strategists led by Kokou Agbo-Bloua, the firm’s head of flow ...

Bloomberg Unity Bank Plc, a Nigerian lender, denied entering a binding agreement with private-equity firm Milost Global Inc. over a potential $1 billion investment, saying talks were only preliminary and didn’t come with any commitments. New York-based Milost this week said it terminated talks to provide debt and equity funding to Unity, saying it received threats that it will be ...

Bloomberg Bulgaria, which is seeking to cement its path to euro adoption this year, said it has no plans to join Europe’s banking union before switching to the common currency. The Balkan nation wants to join the exchange-rate mechanism — the waiting room for euro adoption — this summer. While becoming a member of the union before entering the euro ...