Bloomberg UK retailers reported their slowest sales growth in five months during July as consumers shifted toward spending on entertainment and social gatherings and away from in-store shopping. The volume of goods sold in shops and online grew 6.4% in July compared to last year, the British Retail Consortium and KPMG said. A separate survey from Barclaycard showed more money ...

Bloomberg The recent flood of US regional bank deals may be drying up. After announcing $76 billion in mergers and acquisitions so far this year — the most since 2008 — US lenders are now running out of potential partners, according to executives and investment bankers. Fewer buyers exist following takeovers by Citizens Financial Group Inc, PNC Financial Services Group ...

Bloomberg Goldman Sachs Group Inc’s asset-management division hired Maria Vassalou, who most recently ran her own firm and spent years at Perella Weinberg Partners, to help manage funds at a $200 billion unit. Vassalou is the deputy chief investment officer at Goldman’s multi-asset solutions group, according to people familiar with the matter, who asked not to be identified discussing personnel ...