Bloomberg Credit Suisse Group AG and UBS Group AG are relocating a number of bankers to mainland China from Hong Kong to better compete for deals after the world’s fastest growing major economy relaxed curbs on foreign financial firms. Credit Suisse moved three directors, including Vivian Feng, Richard Kot and Felix Meng, as well as four more junior bankers, to …

Bloomberg Lloyds Banking group Plc beat forecasts with a pretax profit of 792 million pounds ($1.1 billion) in its fourth quarter, helped by a buoyant UK housing market and government support for its borrowers. Britain’s biggest mortgage lender announced a dividend 0.57 pence per share, marking the end of a year without payouts to protect lending during the pandemic. In …

Bloomberg Poland’s state-controlled PKO Bank Polski SA wants to end the legacy of its Swiss-franc mortgage lending this year, piling pressure on the rest of the industry to follow suit. The country’s biggest bank will seek shareholders’ approval to offer conversion of foreign currency loans to all borrowers once the pilot program it’s running with selected clients is over, Chief …