Bloomberg Thailand’s outgoing central bank governor said public debt restrictions should be eased to allow the government to spend more as monetary policy options dwindle with interest rates already at an all-time low. Given the severity of the pandemic-driven downturn, Governor Veerathai Santiprabhob said his “personal view is that the 60% public debt-to-GDP limit can be relaxed.” The limit was ...

Bloomberg Spain’s Banco de Sabadell SA is exploring strategic options as consolidation talks take hold in Europe’s fragmented banking markets. The lender, based in Alicante, has been working with Goldman Sachs Group Inc. in recent months on options including a sale or merger, asset disposals or buying a smaller competitor. The bank is looking at deals that would allow it ...

Bloomberg Credit Suisse Group AG won a bid to stall the release of a report into how it failed to prevent fraud and money laundering by one of its former star bankers, Patrice Lescaudron. A Geneva appeals court issued a suspension order late last month to temporarily keep the two-year-old report by Switzerland’s financial regulator under wraps, the cantonal prosecutor’s ...