Bloomberg Poland’s financial regulator wants offer incentives to banks that decide to start settlements with borrowers in the latest attempt to resolve the country’s $32 billion foreign-currency mortgage debacle. The plan would allow banks to tie up less capital against Swiss franc loans once they decide to start deals with borrowers, according to a proposal by the industry regulator floated ...

Bloomberg Commerzbank AG expects to post a loss this year as new Chief Executive Officer Manfred Knof ditches a failed growth strategy in favour of deep cost cuts. While the German lender seeks to achieve an operating profit, 900 million euros ($1.1 billion) in costs for its turnaround plan and loan loss provisions between 800 million euros and 1.2 billion ...

Bloomberg The UK government sold part of its stake in NatWest Group Plc for 1.13 billion pounds ($1.6 billion), reducing its holding for the first time in almost three years. The Treasury sold 590.7 million shares to the bank at the closing price of 190.50 pence, according to a statement. Its holding will be reduced to 6.9 billion shares, representing ...