Bloomberg Deutsche Bank AG told UK regulators that it’s facing persistent issues in processing high-value payments in the country, a further sign of the IT problems plaguing the lender. The German lender met with Bank of England officials two weeks ago to explain disruptions of payments going through the BoE’s high-value payments system CHAPS on several days in October, according ...

Bloomberg The African Development Bank (AfDB) will discuss 59 projects valued at $67 billion with dealmakers at its flagship investment conference. The deals, which span 29 countries, range from regional infrastructure development to investments in energy, financial services, urban housing and small business support, AfDB President Akinwumi Adesina said in an interview in Johannesburg. “The focus is really on the ...

Bloomberg Goldman Sachs Group Inc’s co-head for India business, Vijay Karnani, is retiring from the bank after 21 years with the company, according to a memo seen by Bloomberg News. Karnani joined Goldman Sachs in 1998 as an associate in equity capital markets and moved to the equity derivatives team in Hong Kong in 2000, the memo shows. He became ...