Bloomberg While Scandinavia waits for its regulators to finalize rules on bonds that are supposed to absorb losses if issuing banks get into trouble, Societe Generale SA decided to lead the way and sell its first senior bail-in-able notes in a Nordic currency. France’s second-largest bank by market value is issuing senior non-preferred notes in Swedish kronor after already ...

  Bloomberg Saudi Arabia central bank Governor Ahmed Alkholifey said a cash crunch that squeezed commercial lenders last year is over and that he’s open to more foreign financial institutions operating in the biggest Arab economy. The Saudi Arabian Monetary Authority sees no need for further steps to boost banking liquidity, Alkholifey said in an interview with Bloomberg Television in ...

  Bloomberg Deutsche Bank AG sought an unusual provision in its $7.2 billion mortgage-bond settlement with the US government, and seems to have won it: the bank can pay down part of its penalty by lending money to fund managers. As part of the agreement, Germany’s largest bank has to provide $4.1 billion of relief for mortgage borrowers. Other lenders ...