Bloomberg Zopa Ltd is planning to raise as much as 200 million pounds ($253 million) as the online lender works to satisfy regulatory requirements en-route to winning a UK banking license. The company is talking to private equity and sovereign wealth funds about the cash, which could come in the next several months, Chief Executive Officer Jaidev Janardana said in ...

Bloomberg The abrupt departure of a potential heir apparent at Credit Suisse Group AG marks a compelling twist in the power plays transfixing Zurich’s intimate private banking world. Iqbal Khan’s leaving as head of Credit Suisse’s international wealth-management unit confirmed persistent speculation that he’d been in talks with crosstown rivals including UBS Group AG and Julius Baer Ltd. The executive ...

Bloomberg Southwest Airlines Co, the largest operator of the grounded Boeing Co 737 Max, said the discovery of a new safety issue with the jetliner is extending its absence “well beyond” what was hoped, forcing the carrier to reassess its schedule for the rest of the year. The latest problem, “unfortunately, is going to delay the timeline for returning the ...