Bloomberg Bank of England financial-stability officials discussed the risk that freeing UK banks to lend more may prompt them to reward investors instead. In the record of meetings held in the wake of Britain’s vote to leave the European Union, the Financial Policy Committee — lead by Governor Mark Carney — said the stability-risk outlook had “materially changed” and ...

  Bloomberg UniCredit SpA is selling as much as a 10 percent stake in online bank FinecoBank SpA and launching a review of its strategy as incoming Chief Executive Officer Jean Pierre Mustier seeks to boost capital. The bank will take “a more proactive approach” to its non-core loans, and the review will focus on further cost cuts and improving ...

  Bloomberg DNB ASA’s shares slumped after Norway’s largest bank missed profit estimates amid a jump in loan losses. Net income for the three months ended June 30 declined 10 percent to 4.45 billion kroner (US$525 million), missing the 4.85 billion-krone estimate in an analyst survey. Loan losses more than tripled to 2.32 billion kroner. Low interest rates drove net ...