Bloomberg A Hennes & Mauritz AB unit was fined $41.4 million by a German data protection watchdog after managers trampled on the private lives of staff, storing details ranging from workers’ religious beliefs to their medical history. “Unfortunately, we had an incident in a subsidiary in Germany that was reported to the data protection authority at the end of last …

Bloomberg Barclays Plc’s leadership reshuffle puts two of the likely internal contenders to replace Jes Staley in the spotlight. The pair, who will together lead the investment bank, inherit a daunting task. Chief Risk Officer C.S. Venkatakrishnan, known as Venkat, will head markets while Paul Compton will oversee banking operations. They are charged with executing Staley’s vision of sustaining a …

Bloomberg Bank of France Governor and European Central Bank (ECB) policy maker Francois Villeroy de Galhau said the French government must be more careful about spending and debt that’s not linked to the novel coronavirus health-care crisis. The government must become more efficient as the pace of spending, stripping off Covid-19 measures, is accelerating “even more quickly” than before the …