MILAN / AP Shares in troubled Italian bank Monte dei Paschi di Siena rose as a capital infusion means the bank won’t be nationalized. But the shares of other Italian banks fell as investors focused on the scale of their mountain of bad loans. Monte dei Paschi was by far the worst performer in stress tests of 51 European ...

  Frankfurt / Bloomberg Germany’s second largest bank Commerzbank warned on Tuesday that its profits in 2016 would be lower than the previous year. “The interest rate environment and persistent customer caution in view of the geopolitical uncertainties will continue to weigh on income despite growth,” the bank said in its second-quarter report. Commerzbank has also been forced to set ...

  New Delhi / Bloomberg India eased rules to allow applicants to seek permits for setting up banks on a continuous basis, replacing a system that created long delays between approvals. According to the rules — posted on the Reserve Bank of India’s (RBI) website Monday — professionals with senior-level banking experience of at least 10 years can apply for a ...