Bloomberg BNP Paribas SA is exiting its commodities finance business in the US, following earlier retreats in other parts of the world. “The decision taken to exit this business was consistent with our approach in EMEA,” the bank said in a statement in response to questions. “The impact is limited, and BNP Paribas remains deeply committed to the US ...

  Bloomberg Citigroup Inc is discussing the potential sale of its operations in Russia with privately owned Russian companies including Expobank and the insurer Reso-Garantia, the Financial Times reported. The Wall Street bank is negotiating over its consumer and commercial businesses, the newspaper reported, citing people familiar with the matter. Rosbank, Societe Generale SA’s former Russian subsidiary, has also expressed ...

  Bloomberg Singapore’s largest lender DBS Group Holdings Ltd. has raised the rates on all its home loan packages, The Straits Times (ST) reported, as it joins other banks in tracking the Federal Reserve’s decision to boost interest rates to tame inflation. DBS also scrapped its five-year fixed rate package for owners of public housing apartments, the ST said, citing ...