Bloomberg Philippine President Rodrigo Duterte said he wants the US to pay to keep a two-decade-old pact that facilitates joint military exercises, an agreement which he sought to scrap last year. “Well, they have to pay. It’s a shared responsibility, but your share of responsibility does not come free,” Duterte said about the Visiting Forces Agreement (VFA) with the US. “Because ...

Bloomberg Goldman Sachs Group Inc. is just getting started in the fast-expanding world of sustainable finance. The New York-based lender plans to issue more environmental, social, and governance (ESG) bonds on a regular basis as part of its plans to deploy $750 billion in sustainable financing, investing and advisory activity by 2030, according to Carey Halio, chief executive officer of ...

Bloomberg Credit Suisse group agreed to pay $600 million to settle a lawsuit over mortgage securities that collapsed in 2008 financial crisis, an accord that locks in an expected hit to its profit. The plaintiff, MBIA Insurance Corp., said late that it had reached an agreement, after a post-trial court decision that ordered the Swiss bank to pay about $604 ...