Bloomberg Swedish police detained a Bombardier Inc. employee on suspicion of bribery and questioned several others in connection with a rail contract in Azerbaijan. Evgeny Pavlov, a Russian citizen whose LinkedIn profile lists him as a Bombardier sales executive, was remanded in custody, according to court documents. Pavlov is suspected of aggravated bribery, and several people at the company’s ...

  Bloomberg Royal Bank of Scotland Group Plc is preparing to sell loan books and cut lending to some Western European corporate clients as part of plans to bolster its balance sheet and improve returns. The UK government-owned lender may divest commercial real estate loans in chunks of 300 million pounds ($365 million) to 400 million pounds to help reach ...

  Bloomberg UBS Group AG’s American wealth management unit has helped raise $110 million for a U.S. venture capital fund that will invest in companies in the health, education and environmental areas that are led by or co-managed by women. The fund is managed by Rethink Impact, a venture capital firm that invests in companies with a technological bent. Jenny ...