Bloomberg The European Bank for Reconstruction and Development (EBRD) has made a 2.51 percent equity investment in Lebanon’s Bank Audi, the EBRD’s first investment in Lebanon, Audi said. The EBRD, a multilateral development bank, said the investment in Lebanon’s largest bank aims to support Lebanese financial markets, influence the broader economy and strengthen the financial sector. Lebanon has one of the ...

Bloomberg Deutsche Bank AG is predicting volatile markets are here to stay, helping the lender arrest two years of declines at its debt-trading business. Its forecast that full-year trading revenue will rise is bolder than that of its peers. While other US And European trading behemoths are also predicting a boost to trading, they’ve restricted themselves to the shorter term. ...

Bloomberg Nordea Bank AB won enough support from its shareholders for its proposed move to Helsinki from Stockholm, paving the way for the Nordic region’s largest bank to join Europe’s banking union. More than 95% of the shareholders present or represented at the bank’s annual general meeting in Stockholm voted in support of the proposed relocation, surpassing the two thirds ...