Bloomberg Visa Inc said it will dole out annual raises for more-junior employees earlier as it seeks to help staffers battling once-in-a-generation levels of inflation. The payments giant will award the pay increases to employees at the level of senior vice president and below during its fiscal fourth quarter, which ends on September 30, Chief Financial Officer Vasant Prabhu ...

  Bloomberg Banco Santander SA earnings beat expectations, as rising revenue helped the Spanish retail-banking giant offset the impact of increased costs and surging inflation. Spain’s biggest lender posted net income of 2.35 billion euros ($2.4 billion) in the second quarter, exceeding the analyst consensus of 2.25 billion euros as net interest income jumped 7.9% from the first three months ...

  Bloomberg Deutsche Bank AG’s asset management unit saw outflows for a second consecutive quarter, marking an abrupt end to a period of growth that saw assets under management touch a record last year. DWS group’s clients pulled $25.4 billion in the three-month period, according to a statement. That missed the 403.3 million-euro consensus of inflows forecast by analysts polled ...