Reuters New Saudi Arabian Monetary Authority (SAMA) Governor Ahmed al-Kholifey said his main priority is to maintain monetary stability and support the government’s Vision 2030 economic reforms, Al Sharq Al Awsat newspaper reported on Sunday. Kholifey was appointed on Saturday in succession to Fahd al-Mubarak. Saudi Arabia’s King Salman on Saturday appointed Ahmed al-Kholifey Saudi Arabian Monetary Authority Governor, ...

  Bloomberg Commerzbank AG said it’s handed German tax authorities an interim report on possible tax-minimising trades and is preparing a final assessment. The bank is in “close communication” with officials, spokeswoman Margarita Thiel said an in e-mailed statement. The report concerns so-called cum-ex stock trades made since 2003. Frankfurter Allgemeine Zeitung reported that Commerzbank had received information about illegitimate ...

  BLOOMBERG National Bank of Canada fell in Toronto trading after saying it will set aside C$195 million ($152 million) to cover soured oil-and-gas loans in the second quarter, joining Canadian Western Bank in providing an early warning of rising credit losses tied to energy. Shares of the country’s sixth-largest lender slid 1.8 percent to C$41.75, the worst performance in ...