Bloomberg Bank of Montreal (BMO) has told its investment bankers they should go back to working from home, joining a growing list of companies vacating offices as Covid-19 cases climb. Canada’s fourth-largest bank instructed its North American investment and corporate banking division to resume remote work until the week of January 17, according to an email sent to staff ...

  Bloomberg Commerzbank AG is imposing more stringent policies for fossil-fuel clients as pressure mounts on the finance industry to stop providing capital to sectors at the heart of global warming. The German lender is giving existing clients that get at least 20 percent of revenue or power production from coal until 2025 to spell out how they’ll exit the ...

  Bloomberg Mexico’s central bank unexpectedly accelerated the pace of interest rate increases, a hawkish move that seeks to contain quickly-deteriorating inflation expectations. Policy makers led by outgoing central bank Governor Alejandro Diaz de Leon raised the benchmark rate by a half-point to 5.5%, their most aggressive hike since February 2017. They surprised all but eight of 25 economists surveyed ...