Bloomberg Bank Pekao SA slumped to a two week low after 50.3-percent owner UniCredit SpA was said to be considering selling a stake in Poland’s second-largest lender among other measures to boost capital. The shares in Pekao fell as much as 3 percent and traded 2.1 percent lower at 148.4 zloty in Warsaw, making the bank the second-biggest loser ...

  JAKARTA / Reuters Suriname’s Trust Bank hopes to complete a conversion of its operations to Islamic banking by the end of this year, becoming the first full-fledged Islamic bank in South America, its chief executive said. Last week the bank received approval in principle from the central bank for the transition, as it aims to expand financing to small ...

  BLOOMBERG British house prices would take a severe blow in the years immediately after a vote to leave the European Union, according to an analysis by the Treasury. The study concludes that prices would be between 10 percent and 18 percent lower by 2018 relative to their performance inside the EU, according to the Treasury. However, Chancellor of the ...