Bloomberg Handelsbanken AB, Sweden’s third-largest bank, plans to distribute a stake worth about $1 billion in investment company Industrivarden AB to shareholders. “As a result of the bank’s good capital situation, the board of directors of Handelsbanken has resolved to convene an extraordinary general meeting and propose an extra dividend,” the company said in a statement. The bank’s capitalisation is ...

Bloomberg Credit Suisse Group AG is considering moving its Asian investment banking operations into its global securities and advisory business as part of a wider overhaul by chairman Antonio Horta-Osorio to turn around the troubled bank. Consolidating the advisory business into the global investment bank would mirror a similar move last year to bring the Asian markets activities into that ...

Bloomberg The European Central Bank (ECB) will discuss boosting its regular asset purchases once the pandemic-era emergency stimulus comes to an end, but any such increase is uncertain, Governing Council member Madis Muller said. While the euro area’s recovery should allow the ECB to end its 1.85 trillion-euro ($2.2 trillion) pandemic bond-buying program in March, officials will discuss how to ...