Bloomberg UBS Group AG’s London headquarters will be bought by Korea’s National Pension Service (NPS) and LaSalle Investment Management for about 1.25 billion pounds ($1.7 billion). The silver building’s current owners Hong Kong-based CK Asset Holdings Ltd started initial discussions with a handful of potential buyers earlier this year, Bloomberg reported at the time. NPS, working with LaSalle, was the …

Bloomberg The European Central Bank (EBC) is weighing curbs on the riskiest part of banks’ lending to indebted companies amid fears of a potential blow-up in the market. Officials on the ECB’s supervisory board have discussed capping newly originated highly-leveraged transactions at a certain share of individual banks’ balance sheets, the people said, asking not to be identified as the …

Bloomberg Credit Suisse Group AG is reviewing banker pay to better align compensation with shareholder interests, after a tumultuous year in which the firm was buffeted by the Archegos Capital Management and Greensill Capital crises. The Swiss lender should give senior-ranking employees more of their remuneration in shares, with long deferral periods and the ability to take back compensation that’s …