Reuters Most stock markets in the Middle East fell again on Monday, dampened by geopolitics, although Abu Dhabi was supported by plans for an initial public offer of shares by the distribution unit of Abu Dhabi National Oil Co (ADNOC). Some fund managers think there may be little downside left for Gulf markets now that valuations are no longer high, …

Bloomberg The European Banking Authority gets a new home, as Brexit forces the regulator and its 180 employees to abandon their high-rise digs in London’s Canary Wharf financial district and relocate to the continent. Eight cities are competing to host the EBA. The prestige of housing the EU’s top banking regulator could lend some extra gloss to major euro-area financial …

Bloomberg Banca Carige SpA reached agreement with a group of banks to underwrite a share sale of about 500 million euros ($590 million) after key investors pledged their support, allowing the lender to proceed with its restructuring plan. Malacalza Investimenti, Carige’s main investor, agreed to buy 17.6 percent of the stock, while the second-biggest shareholder Gabriele Volpi agreed to oversubscribe …