Bloomberg Bank of Nova Scotia, the Canadian bank with the largest exposure to Latin America, sold $750 million of loss-absorbing hybrid securities amid mounting concerns about the spillover effects of US Federal Reserve rate hikes on emerging-market economies. Scotiabank priced 60-year so-called limited recourse capital notes at a yield of 8.625%, down from around 8.75% initially discussed. That’s an ...

  Bloomberg Ireland will make it easier for would-be borrowers to qualify for mortgages next year as it relaxes its income-to-loan requirements in an effort to widen accessibility in the face of a shortage of supply and record prices. Prospective first-time homeowners will be able to borrow as much as four times their gross income, up from a limit of ...

  Bloomberg Deutsche Bank AG is set to post a capital gain of more than €300 million ($292 million) in the fourth quarter after completing the sale of its Italian financial promoters network to Zurich Insurance group AG. The German lender will book the gain as additional revenue in the final quarter of the year. Deutsche Bank said Monday that ...