Bloomberg Norway’s $890 billion sovereign wealth fund is acknowledging that rising withdrawals by the government could hamper its quest to manage more risk and generate greater returns as it takes on more and more negative yielding securities. The net outflows are “relevant for how we think about the risk-bearing capacity of the fund,” Egil Matsen, the deputy governor at ...

  Bloomberg GIC Pte reached a preliminary agreement to pay less than $400 million for a 7.7 percent stake in Bank for Foreign Trade of Vietnam JSC, the nation’s second-biggest listed company, people with knowledge of the matter said. The Singapore sovereign fund will buy Vietcombank stock at a discount to the current market price, the people said, asking not ...

  Bloomberg Mondo, a financial startup vying to crack the dominance of Britain’s biggest lenders, said it changed its name by one letter to Monzo after a legal dispute. The smartphone-based lender started by former GoCardless Ltd. founder Tom Blomfield picked the name after considering 12,560 suggestions from customers over six months, the London-based firm said in a statement. The ...