Bloomberg Oversea-Chinese Banking Corp.’s purchase of Barclays Plc’s wealth-management units in Singapore and Hong Kong was priced at $227.5 million, 29 percent below an initial estimate, after the amount of assets being transferred fell. The final price is based on 1.75 percent of the $13 billion of Barclays assets transferred to Bank of Singapore, OCBC’s private-banking arm, the Singaporean ...

  Bloomberg The Bank of England added a new, higher bar to its third round of public stress tests. Some of the UK’s biggest banks will scrape through; others may not clear it. The seven major British lenders tested will probably beat the lowest measures of strength required to pass the annual BOE health check when it is released Wednesday, ...

  Bloomberg OPEC is embarking on a last-ditch diplomatic push to reach a production cut, with ministers flying to Russia for talks, as Saudi Arabia for the first time suggested the oil-club doesn’t necessarily need to curb output. The Organization of Petroleum Exporting Countries will meet on Wednesday in Vienna to try finalize the terms of its first production decrease ...