Bloomberg Kenya’s Nairobi Securities Exchange expects its first main-market segment listing in more than three years to happen before end of December and boost activity on the bourse. The All-Share index of the market valued at 2.15 trillion shillings has dropped 17% since January, according to data compiled by Bloomberg. “We have one application right now that’s being processed,” ...

  Bloomberg Bank of Montreal (BMO) became another victim of the slowdown in capital markets last quarter, as a slump in equity and debt issuances reduced investment-banking fees. Capital-markets revenue fell 20% to $974 million in the fiscal third quarter, the Toronto-based company said in a statement on Tuesday. Overall profit missed analysts’ estimates. Bank of Montreal, which generates a ...

  Bloomberg Mexico’s central bank (Banxico) board is debating how closely to follow US interest rate rises, as members grapple with slowing growth and the fastest inflation in two decades. One of the five board members argued that Mexico’s interest rate increase had to match that of the US Federal Reserve to preserve the spread between rates in the two ...