Bloomberg Congestion is the biggest reason why LaGuardia Airport in New York is regularly rated the worst in America: Neither planes nor people move in an efficient manner through a facility designed for far, far less traffic. When it’s completed in summer of 2022, a gleaming new LaGuardia will be a modern space featuring a collection of aeries and ...

  Bloomberg Banca Monte dei Paschi di Siena SpA will probably fail to lure sufficient demand for a 5 billion-euro ($5.2 billion) capital increase, leading to what would be the country’s biggest bank nationalization in decades, said people with knowledge of the matter. No anchor investor has shown interest in the stock sale, the Siena-based company said in a statement. ...

  Bloomberg Standard Chartered Plc plans to transfer its Thai retail-banking business to Thailand’s Tisco Financial Group Pcl next year, exiting an operation that the UK lender said lacked the scale to generate adequate returns. The net asset value is about 5.5 billion baht ($153 million), according to a stock exchange filing by Tisco on Thursday, which didn’t disclose a ...