Bloomberg Metro Bank Plc, the lender founded by US entrepreneur Vernon Hill, plunged to a record low after it disclosed that British regulators are probing how it misclassified assets, an incident that prompted a share sale. Shares in Metro Bank tumbled as much as 20.8 percent to 1,030 pence, the lowest since the London-based lender first sold stock to the ...

Bloomberg Banco Santander SA may return to using a scrip dividend a year after saying it would reward shareholders entirely in cash, in a sign that it’s concerned about capital. Spain’s biggest bank said it would combine any such payout with share repurchases to avoid diluting the existing stock. The lender also decided to increase its medium-term dividend payout target ...

Bloomberg An unprecedented travel boom in Asia has spawned new budget carriers and millions of first-time fliers, but a shortage of pilots is threatening to choke that demand. Bamboo Airways Co. in Vietnam was the latest low-cost carrier to start services this year and more are expected to join the race. In Southeast Asia alone, low cost carriers have about ...