Bloomberg Nordea Bank AB will approach about 500 employees in Finland as it starts acting on a program announced in October to cut thousands of jobs. The biggest Nordic bank will ax about 420 jobs and move another 50 to Estonia and Poland, Nordea said on its website. The reductions are equivalent to about 6 percent of its workforce in ...

Bloomberg The great credit party that’s taken yield premiums in major markets down around lowest in a decade is probably months away from an end, as central banks normalise monetary policy and the economic outlook softens, Societe Generale SA predicts. “We expect next year to be a transition year, when the ultra-low yield environment finally starts to lose its grip,” ...

Bloomberg Jes Staley’s latest problem at Barclays Plc? Not enough people want to leave. The bank has seen a decline in staff voluntarily leaving in the aftermath of Brexit, which managers are attributing partly to fears their positions may be relocated if they switch to a rival less tied to London, according to people familiar with the trend. The lower ...