BLOOMBERG Executives at Banco Popolare SC and Banca Popolare di Milano Scarl are racing to reach a merger accord that meets the European Central Bank’s (ECB) capital demands as Italy’s biggest banking deal in years threatens to unravel. After a month of talks with the lenders failed to assuage the ECB’s concerns over capital and governance, the central bank sent ...

LONDON / Bloomberg The UK Green Investment Bank Plc moved closer to selecting special shareholders who can veto changes to its environmental mission after the institution is privatised. The national science academy known as the Royal Society, Scotland’s Institute of Chartered Accountants and Scotland’s Law Society will help create a committee to protect the mandate of the bank, according to ...

AFP Sitting on sofas with laptops balanced awkwardly on their knees as they sip from bottomless cups of tea and coffee, customers have turned an off-the-beaten-path café in Montreal into their personal workspace. And the owners couldn’t be happier. “Here, you are at home,” said Anti Café manager David Chevrier, talking up the new breed of coffee shop that charges ...