Bloomberg Stocks valued at $2.64 billion changed hands in a flurry of block trades as tumult from the wind-down of Bill Hwang’s Archegos Capital Management extended into a new week. Five block trades valued at a combined $2.14 billion were executed by Wells Fargo & Co., according to a person familiar with the matter. The bank solicited interest from investors …

Bloomberg Poland’s financial regulator wants offer incentives to banks that decide to start settlements with borrowers in the latest attempt to resolve the country’s $32 billion foreign-currency mortgage debacle. The plan would allow banks to tie up less capital against Swiss franc loans once they decide to start deals with borrowers, according to a proposal by the industry regulator floated …

Bloomberg Commerzbank AG expects to post a loss this year as new Chief Executive Officer Manfred Knof ditches a failed growth strategy in favour of deep cost cuts. While the German lender seeks to achieve an operating profit, 900 million euros ($1.1 billion) in costs for its turnaround plan and loan loss provisions between 800 million euros and 1.2 billion …