Bloomberg Big regional US banks such as US Bancorp, Capital One Financial Corp. and PNC Financial Services Group Inc. are about to get more relief from regulators appointed by President Donald Trump. The Federal Reserve and other agencies — responding to legislation that’s meant to soften rules for smaller lenders — are set to propose this week that a series ...

Bloomberg Germany’s oldest lender is lender trying some new ideas. Hamburg-based Joh Berenberg Gossler & Company KG will abandon its dual-leadership structure in German wealth management, the unit’s new sole head Dirk Wehmhoener told Bloomberg in an interview. In order to increase assets under management, he intends to interlink wealth management more closely with investment banking. Acquisitions, however, are not ...

Bloomberg Indian lenders are being punished for their exposure to a shadow lender as the government fails to make good on its promise to halt defaults by the distressed financier. IndusInd Bank Ltd has lost more than $1.9 billion of market value since it announced quarterly earnings as net income growth missed expectations and provisions for doubtful loans shot up. ...