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Scotiabank to start a full return in April

  Bloomberg Bank of Nova Scotia will allow workers to come back to the majority of its Canadian offices on a voluntary basis on March 14, with a 10-week, phased return starting on April 11. Most employees will return on a hybrid basis, with different groups deciding which activities to conduct remotely or in person, according to an emailed statement ...

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Credit Suisse tries to aid block-trading probe into rivals

  Bloomberg Credit Suisse Group AG, saddled with billions of dollars in losses from the collapse of Archegos Capital Management last year, is trying to help the US Justice Department potentially build a case related to block trading against rivals Morgan Stanley and Goldman Sachs Group Inc. The Swiss firm’s push to provide assistance apparently goes beyond banks’ routine cooperation ...

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VW keeps Porsche IPO on table amid market volatility

Bloomberg Volkswagen AG said it will continue to explore an initial public offering of the German manufacturer’s Porsche sportscar brand as markets are roiled by Russia’s invasion of Ukraine. A listing could happen at the earliest in the fourth quarter, VW Chief Financial Officer Arno Antlitz said. The plan comes on the heels of the fighting in Ukraine, which has ...

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