Bloomberg Ezra Holdings Ltd., a Singapore-listed oilfield services group, filed for bankruptcy in the US after weeks of facing hostile actions from creditors at home and abroad as it struggles to recover from a slump in oil prices over the past three years. The company filed voluntary petitions for reorganization under Chapter 11 of the US Bankruptcy Code, according ...

  Bloomberg A European Central Bank inspection of Deutsche Bank AG’s risk controls found deficiencies in derivatives and complicated financial bets that raise questions about pricing processes at the German lender, Il Sole 24 Ore reported. The review, which started a few months ago and recently ended, found that the bank’s risk management systems were not sufficiently integrated or strong ...

  Bloomberg UBS Group AG is ‘very pessimistic’ about reaching an agreement with French authorities to settle a case of alleged tax fraud that forced the bank to post a 1.1 billion-euro ($1.2 billion) bond to cover any potential penalties three years ago, Journal du Dimanche reported. France’s financial prosecutor is seeking a 1.1 billion-euro fine from UBS to settle ...