Bloomberg Sam Kendall, a senior UBS Group AG executive who until recently oversaw its investment-banking arm in the Americas, is leaving the firm to pursue other interests, according to people with knowledge of the matter. Erica Chase, a representative for the bank, declined to comment. A UBS employee for more than two decades, Kendall last year assumed oversight of the ...

Bloomberg ICICI Bank Ltd, India’s second-largest private lender, posted a lower than expected profit due to a one-time income tax adjustment. Net income fell 28% to 6.55 billion rupees ($98 million) for the three months ended on September 30 from 9.1 billion rupees a year earlier, the lender said on Saturday. The profit compared with analysts expectation of 13.8 billion ...

Bloomberg Visa Inc had to shell out more money to entice banks to issue their cards on the company’s network. The firm set aside $1.69 billion in incentives for banks during its fiscal fourth quarter, a 13% increase from a year ago, that topped the $1.51 billion average of analyst estimates compiled by Bloomberg. The world’s largest payments network — ...