Bloomberg President-elect Joe Biden’s advisers are preparing for potential negotiations with Nicolas Maduro’s regime in Venezuela in an effort to end the Western Hemisphere’s worst economic and humanitarian crisis, according to three people familiar with the matter. The Biden administration intends to push for free and fair elections, offering sanctions relief in return, said the people, who requested anonymity because ...

Bloomberg The creation of a European banking champion could be among a slew of transformative deals in the sector next year, according to top financial dealmakers at Bank of America Corp. The region’s banking industry is suddenly abuzz with transactions, driving merger and acquisition volumes up 27% year-on-year to $37 billion since the start of July, data compiled by Bloomberg ...

Bloomberg Lloyds Banking Group Plc is canceling bonuses for all staff this year as the Covid-19 pandemic weighs heavily on its earnings. A spokesperson for the bank confirmed it will not pay out any “group performance share” awards in 2020 after rewarding staff with about 310 million pounds ($419 million) last year. The news was reported earlier by the Financial ...