Bloomberg Credit Agricole SA’s third-quarter profit jumped 44%, beating analysts’ estimates as provisions for bad loans declined. Net income at the Paris-based bank increased to 1.4 billion euros ($1.62 billion), according to a statement on Wednesday, exceeding the most optimistic estimate among analysts surveyed by Bloomberg. Provisions dropped 56% to 266 million euros, compared with 460.5 million euros expected in ...

Bloomberg Singapore’s central bank is starting a project on the technological aspects of building a digital form of its currency to prepare for the days if the city-state decides to have one, its chief said. While acknowledging potential benefits of having its own digital currency for the local public, such arguments are not compelling enough, Managing Director Ravi Menon of ...

Bloomberg Standard Chartered Plc (StanChart) will have a British retail banking offering for the first time this century after announcing the launch of a new digital platform for UK savers. The London-based — but Asia-focused — bank said it would launch the Shoal platform, which will allow customers to invest exclusively in green and sustainable projects. The initiative, backed by ...