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US, Philippines to hold largest military drill in decades

  Bloomberg The US and Philippines will hold their biggest military drills in three decades as tensions grow with China, injecting new life into a defense alliance that had languished in recent years. Some 5,100 American soldiers and 3,800 Philippine military members will train in the Southeast Asian nation from March 28 to April 8, the US Embassy in Manila ...

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ECB to begin work in 2022 to add climate risk to capital bar

  Bloomberg European bank regulators are set to start work later this year on adding climate-change risks to the framework for setting capital requirements, in a shift that would penalise lenders for failing to prepare for losses from extreme weather and the shift to clean energy. Several members of the European Central Bank’s (ECB) supervisory board say they expect to ...

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Citigroup kickstarts sale of Dublin base, seeks new Irish HQ

  Bloomberg Citigroup Inc. is putting its waterfront Dublin office on the market, as the lender looks for a new location in the city. The six-storey building at 1 North Wall Quay in Dublin’s docklands is expected to fetch more than 120 million euros ($132 million), Knight Frank said in an emailed statement. The bank has occupied the 230,000 square ...

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