Bloomberg Societe Generale SA is drawing up plans to cut jobs at its investment bank and find a partner for its cash-equity business in a bid to offset increasing cost pressure from regulation, people familiar with the matter said. The bank could cut hundreds or even thousands of jobs at its global banking and investor solutions unit, including roles in ...

Bloomberg After five consecutive days of increases in the monetary policy rate, leaving it close to 50 percent annually, analysts expect Argentina’s central bank will maintain this level until next month to reduce the peso’s volatility and avoid further inflationary pressure. The abrupt capital outflow that took place this week made Argentina’s peso the worst emerging markets performer year to ...

Bloomberg Debenhams Plc’s lenders are prepared to grant the struggling department store chain more credit in an effort to ward off a potential low-ball buyout from billionaire shareholder Mike Ashley. After extending a 40 million-pound ($52 million) loan facility to Debenhams last week, the group of about 10 firms including hedge funds Alcentra, Angelo Gordon & Co. and Silver Point ...