Bloomberg Apollo Global Management LLC is starting to raise money for a new buyout fund that could reach almost $20 billion in size, as the private equity firm tears ahead on an unprecedented buying spree. “We are currently on pace to deploy more capital in 2016 than in any other year in our history,” Josh Harris, who co-founded Apollo ...

  Bloomberg Bank of England Governor Mark Carney’s self-imposed deadline for declaring whether he will stay in office beyond 2018 is fast approaching, with British newspapers saying he could decide to step down as soon as next week. The 51-year old Canadian may announce his decision “within days,” the Times and Mail Online reported. A decision could come at his ...

  Bloomberg United Overseas Bank Ltd., (UOB) Southeast Asia’s third-largest lender, said third-quarter profit fell 7.8 percent from a year earlier, as the bank set aside higher provisions for soured loans to the struggling oil and gas industry. The shares fell. Net income fell to S$791 million ($567 million) in the three months to September from S$858 million a year earlier, ...