Bloomberg Barclays Plc is appointing Taylor Wright and Credit Suisse Group AG veteran Cathal Deasy as its new investment banking chiefs in a major reshuffle of its top dealmaking ranks. John Miller and Jean-Francois Astier, the current co-heads of investment banking at the UK firm, are set to leave those roles, according to an internal memo seen by Bloomberg ...

  Bloomberg Sri Lanka kept its benchmark interest rate unchanged for a fourth straight meeting as Asia’s fastest inflation showed signs of cooling while bankrupt economy seeks to turn the corner pending a crucial bailout. The central bank of Sri Lanka held the standing lending facility rate at 15.5% on Wednesday, a move predicted by all five economists in a ...

  Bloomberg BNP Paribas SA’s Frankfurt offices were raided by German prosecutors as part of their vast investigation into the controversial Cum-Ex scandal that has swept up Wall Street’s biggest banks. A spokesperson for the bank confirmed the search and said it’s cooperating. A Cologne prosecutors’ spokesman said that the agency raiding a bank in Frankfurt since January 24 without ...