Bloomberg European lawmakers will make final arguments on whether Hungarian Prime Minister Viktor Orban’s “illiberal” government should be subject to the European Union’s strictest sanctions for threatening democracy and the rule-of-law in the world’s largest trading bloc. The 751-member European Parliament has never before voted to trigger Article 7 of the EU treaty against a member state, which could ultimately ...

Bloomberg Bank of Montreal (BOM)’s chief executive officer says he doesn’t need to make another acquisition to meaningfully lift earnings from the US. “If we continue doing the things that we’re doing organically, I could see a third of the bank coming from US earnings,” Chief Executive Officer Darryl White, 47, said. “To get beyond that you’d have to resume ...

Bloomberg Barclays Plc, which houses one of the world’s biggest investment banks, will create about 150 new roles as the firm prepares for Britain’s exit from the European Union, a top executive told UK lawmakers. The new hires in Europe will be in addition to the 150 current UK-based positions that will mostly “ migrate” to Dublin, Kevin Wall, chief ...