Bloomberg Industrial & Commercial Bank of China Ltd., the world’s largest lender by assets, reported the first decline in its bad-loan ratio since 2012 in the second quarter, while eking out 1 percent profit growth. ICBC’s non-performing loans fell 4 percent to 196.3 billion yuan ($29.4 billion) at the end of June from three months earlier, according an earnings ...

Bloomberg Former Barclays Plc trader Christopher Ashton, a member of “The Cartel” chat room where bank traders allegedly manipulated foreign-exchange rates, is being fined $1.2 million by the Federal Reserve and permanently banned from U.S. banking. Ashton, previously global head of the FX spot business at Barclays in London, was accused of using electronic chat rooms to manipulate currency pricing ...

  Bloomberg Poland is joining the queue of countries aiming to lure financial-services jobs from London as banks look to ensure unfettered access to the European Union’s single market after Britain leaves the bloc. Deputy Prime Minister Mateusz Morawiecki is traveling to London this week and says he’ll meet “dozens” of banks, hedge funds and investment managers to present Poland ...