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Venezuela’s political factions restart talks

  Bloomberg Venezuela’s battling political factions restarted negotiations in Mexico, signing a rare deal to work together on a humanitarian spending plan and setting the stage for the US to ease rules on Chevron to operate in the country. Representatives of the Venezuelan government and the opposition signed a humanitarian agreement that seeks to get access to some of the ...

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ECB hits BNP, Deutsche with leveraged-loan capital charges

    Bloomberg The European Central Bank (ECB) is imposing higher capital requirements on lenders including BNP Paribas SA and Deutsche Bank AG, arguing that they have ignored warnings to cut risk in the lucrative business of leveraged finance, according to people familiar with the matter. The French and German investment banks are among a handful of institutions who are ...

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RBI asks Paytm unit to reapply for license

Bloomberg India’s banking regulator asked a unit of Paytm to resubmit its application for approval required to provide payment aggregator services, a potentially lucrative business the company is trying to expand into. The Reserve Bank of India (RBI) asked Paytm Payments Service Ltd. to resubmit its application after seeking necessary approvals from its parent to comply with foreign direct investment ...

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