Bloomberg Governments and central banks face a tricky balance between shocking the economy if they end pandemic support too soon, and undermining it if they keep measures in place too long, according to a European Central Bank (ECB) report. Noting the sheer scale of the fiscal, monetary and regulatory support, it said the effort has been “vital” in helping companies ...

Bloomberg Credit Suisse Group AG expects to book a $450 million impairment on its stake in York Capital Management as the US firm winds down most of its hedge-fund strategies, the latest blow for the bank after a series of setbacks this year. The charge, which could still change, will be booked in the fourth quarter in the asset management ...

Bloomberg Access Bank Plc, Nigeria’s biggest lender, plans to more than double customer numbers over the next three years by expanding in the rest of Africa. The Lagos-based lender is creating a holding company structure that will enable it to diversify into other financial services separately from the banking business. Access Bank, which has plans to be present in 22 ...