Bloomberg Natixis SA, the French bank that had sought growth in risky trading businesses, is looking to sell the portfolio of complex Korean derivatives that blew up in the fourth quarter, losing almost $300 million, according to people familiar with the matter. The firm has approached potential buyers including JPMorgan Chase & Co. and BNP Paribas SA to gauge their …

Bloomberg Jerome Powell this week marks his first year as chairman as the Federal Reserve under pressure to deliver on the commitment of his opening day to explain “what we are doing and why we are doing it.” Powell hosts a town hall meeting with educators in Washington on Wednesday, a day after he celebrates his anniversary. He does so …

Bloomberg Australia’s scandal-plagued banks are set for their biggest upheaval in decades as a wide-ranging inquiry into misconduct recommends how the nation’s financial industry should atone for wrongdoings. In its final report to be released in Canberra, the government-appointed Royal Commi- ssion could propose financial firms be broken up to avoid conflicts of interest, push for changes to pay and …