Bloomberg Italy is in talks to inject at least $5.6 billion into Banca Monte Paschi di Siena SpA ahead of a sale of the troubled lender to UniCredit SpA. The finance ministry, which controls Monte Paschi, is considering a cash infusion for the Tuscan bank through a rights offering that would allow minority shareholders to opt out of the increase, ...

Bloomberg JPMorgan Chase & Co.’s expenses will probably climb in 2022 as a surging investment-banking business and other revenue gains translate into higher compensation costs. “We pay for performance,” Chief Financial Officer Jeremy Barnum said on a conference call with analysts. “Realistically, expenses are going to be up next year.” Even so, compensation growth has been lower than some analysts ...

Bloomberg Banco Santander SA could eventually bring staff back to the office most of the time, according to Ana Botin, executive chair of the Spanish bank. “We’re looking at 60% to 70% in person, 30% to 40% remote. That, I would say, is the range of options we’re considering,” Botin said during the Institute of International Finance annual membership meeting, ...