Bloomberg Count Goldman Sachs Group Inc. among the growing list of banks abandoning their calls for the euro to reach parity with the dollar by the end of the year. The New York-based bank joined Deutsche Bank AG this week in scrapping forecasts for the common currency to slump to $1 or below in 2016, citing changed outlooks for ...

  Bloomberg Demand from the wealthy for loans is so strong that Credit Suisse Group AG can’t keep up, according to its international wealth chief, Iqbal Khan. “We couldn’t execute all the demand we had” in the first quarter, Khan said in an interview at the company’s headquarters in Zurich. “We have a very material lending in pipeline.” The Swiss ...

  Reuters The Islamic Development Bank (IDB) will elect a new president next week during its annual meeting to be held in Jakarta, replacing long-serving President Ahmad Mohamed Ali, the Jeddah-based multilateral lender said. Saudi Arabia, the IDB’s largest shareholder, has nominated former Haj Minister Bandar Hajjar for the post, whose candidacy was endorsed by the outgoing IDB president. The ...