Bloomberg A second daily surge in Europe’s overnight benchmark rate, which banks use to provide loans to one another, sparked widespread speculation among traders about the trigger, though there were no signs of wider funding stress. Some traders attributed the jump in the Eonia rate to possible year-end funding squeeze at some lenders, while others pinned it down to demand ...

Bloomberg Royal Bank of Scotland Group Plc will close 259 more branches across Britain in its latest round of cuts as customers shift to online banking. Outlets under both the NatWest and Royal Bank of Scotland brands will close in the middle of next year, resulting in about 680 job cuts, the company said. RBS said it will use the ...

Bloomberg Air France-KLM Group and Jet Airways India Ltd. agreed to deepen an existing partnership with offerings on India- Europe routes together, giving the biggest European airline more seamless access to the world’s fastest growing major aviation market. The latest deal will offer travel options for 44 cities in India and 106 destinations across Europe, Jean-Marc Janaillac, chairman of Air ...