Bloomberg National Australia Bank (NAB) is opening a new headquarters in Sydney, even as it aims to consolidate its workspace longer term to match more flexible work arrangements for its 31,000 staff around the country. The move by Australia’s third-biggest bank comes amid a push from Wall Street firms to get more of their workers back into the office, and ...

Bloomberg Societe Generale plans to rely less on trading as Chief Executive Officer Frederic Oudea attempts to turn the firm’s investment bank around following steep trading losses on complex derivatives last year. The Paris-based lender said the business will focus more on corporate banking, allocating more capital to financing, advisory and transaction banking. The firm expects revenue growth from those ...

Bloomberg Polish lenders with foreign-currency mortgages have to wait at least a month longer for a Supreme Court ruling that’s set to determine their exit strategy from the decade-long Swiss franc loan saga. The tribunal’s Civil Chamber adjourned its hearing, asking for opinions from a number of state institutions, including the central bank and the financial regulator. It was supposed ...