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EU sees vaccine approval

Bloomberg European Council President Charles Michel expects the first Covid vaccines to be approved in the European Union “in the coming weeks, maybe even before the end of the year,” he said in a France Inter radio interview. The EU has decided to follow its regulatory process and “not to play” with approval, Michel said. Michel said the UK used ...

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DBS to start members-only digital bourse for crypto assets

Bloomberg DBS Group Holdings Ltd will set up a digital exchange for cryptocurrencies for firms and wealthy clients, while allowing fund raising via asset tokenisation on a platform run by the largest bank in Southeast Asia. The planned setup is in partnership with Singapore Exchange Ltd, which will hold 10% in the new bourse, the Singapore-based lender said in an ...

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Barclays weighs shrinking office space to cut costs globally

Bloomberg Barclays Plc is looking to reduce its real estate expenses in the UK, US and India as the shift to remote working adds fuel to its cost-cutting ambitions. The bank could announce changes early next year although the board has not taken a final decision on the extent and timing of any measures, people with knowledge of the matter ...

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