Bloomberg A retired general pledging unequivocal support for Ukraine is favored to defeat a billionaire former premier in the final round of the Czech presidential election next weekend, opinion polls showed. In the first round of voting last week, Petr Pavel, who once served as Nato’s highest-ranking military official, finished first by a razor-thin margin, ahead of former Prime Minister ...

  Bloomberg Intesa Sanpaolo SpA is cutting risk-weighted assets by as much as €20 billion ($21.6 billion) after the European Central Bank (ECB) faulted the lender’s calculations of how much risk it faces. The Italian bank, which comfortably exceeds its capital requirements, is carrying out the reduction via the sale of loans and other assets. It’s also looking at so-called ...

  Bloomberg ICICI Bank Ltd. reported 34% growth in profit, helped by surprise improvement in interest margin as lenders in the country continue to report stellar performance, backed by rising demand for loans. Net income was 83.1 billion rupees ($1 billion) in the quarter ended December compared with 61.9 billion a year ago, the company said in a statement. That ...