Bloomberg Banco Santander SA said its takeover of failing Banco Popular Espanol SA will have a minimal impact on first half earnings, with the bank set to post a profit of 3.6 billion euros ($4.1 billion). Spain’s largest lender also set the price of its 7.07 billion-euro capital increase, saying it will sell about 1.5 billion shares at 4.85 euros ...

Bloomberg The Bank of England told UK banks to prove that their policies on credit cards, personal loans and other types of consumer lending won’t leave them weaker in a downturn. The BOE’s Prudential Regulation Authority (PRA) said on Tuesday that firms need to show that they’re not underestimating the risks of consumer credit given the current “benign economic environment.” ...

Bloomberg Turkish Airlines said it expects measures barring large electronic devices from the cabins of aircraft leaving Istanbul for the US to be lifted on Wednesday, while long-haul competitor Emirates is counting on the restrictions being removed from its Dubai hub in the near future. Shares of Turkish Air rose 2.4 percent following the comments from Chief Executive Bilal Eksi ...