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Boris Johnson says won’t quit if exit day is delayed

Conservative party conference in manchester

Bloomberg UK Prime Minister Boris Johnson suggested he won’t quit if he fails in his defining mission to deliver Brexit by the end of October. In an interview with the BBC, he refused to back down over his use of military terms to describe the opposition to his Brexit strategy, while facing questions over his alleged links to a businesswoman ...

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Credit Suisse saga exposes banker-surveillance state

Credit suisse reaches a 5.28 billion usd deal with us department of justice

Bloomberg The scene: a street in Zurich. The mark: a wealthy Swiss banker. His pursuers: hired goons looking for intel. It sounds like something ripped from John Le Carre. In fact, it’s real-life — and not all that unusual in the world of high finance. News that Credit Suisse Group AG had hired private investigators to tail a star banker ...

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Bad loans prompt India to sanction bank that’s seeking merger

2nd lead lakshmi vilas bank copy

Bloomberg India’s central bank placed lending restrictions on Lakshmi Vilas Bank Ltd, adding to the company’s troubles after its chief executive officer abruptly quit last month and police registered a case of alleged fraud. Lakshmi Vilas Bank, which is seeking a merger with financier Indiabulls Housing Finance Ltd to reduce its delinquent debt, was informed it would be brought under ...

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