Bloomberg Societe Generale SA said two deputies to Chief Executive Officer Frederic Oudea are stepping down in a shakeup of top management, as the bank vowed to accelerate the transformation of its business after posting the biggest loss since the onset of the financial crisis. As part of the overhaul, Deputy CEO Severin Cabannes will leave his post at the ...

Bloomberg Australia’s central bank kept its interest rate and yield target unchanged, while announcing it will end a three-month hiatus in bond buying, as Victoria state’s tighter and longer lockdown adds to headwinds. Reserve Bank of Australia Governor Philip Lowe and his board left the cash rate and three-year bond yield target at 0.25% on Tuesday, as expected by most ...

Bloomberg Stocks edged down in Europe alongside US index futures while bonds turned higher as investors waited for word on whether fresh fiscal stimulus will get approvals in the world’s largest economy. Declines in health-care and food shares pulled the Stoxx Europe 600 Index lower after it briefly opened higher on the heels of a tech-fuelled rally on Wall Street ...