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RBS shows resilience with strong capital in Q3

Bloomberg Royal Bank of Scotland Group Plc signalled it’s in a better position to handle its remaining legacy issues after posting stronger than expected capital ratios in the third quarter. The shares rose. The Edinburgh-based lender’s common equity Tier 1, a measure of financial resilience, jumped to 15.5 percent in the period from 14.8 percent at the end of June, ...

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Shadow banking gets bad rap; Treasury seeks to erase the term

Bloomberg Firms such as Blackstone Group LP, Apollo Global Management LLC and Fortress Investment Group LLC are often slapped with the vaguely sinister label, shadow bank, because they provide financing but aren’t regulated like traditional lenders. President Donald Trump’s Treasury Department now says that’s downright unfair and wants global regulators to stop using the term when describing investment giants. “The ...

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EasyJet in deal to take over Air Berlin A320 plane leases

Bloomberg EasyJet Plc will take over leases for as many as 25 of Air Berlin Plc’s planes and gain access to a second airport in the city as the former No. 2 German airline is liquidated. EasyJet will pay 40 million euros ($46 million) for the Airbus SE A320 aircraft leases and takeoff and landing slots at Berlin Tegel Airport, ...

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