Bloomberg Societe Generale SA rebounded with a record annual profit from its first losing year in decades, as all main businesses at the French lender beat analysts’ estimates in the fourth quarter. A resurgent equities trading unit and record earnings from financing and advisory were among the highlights as revenue jumped 13% in the final months of last year ...

  Bloomberg US credit-card bills jumped sharply last quarter as Americans returned to pre-pandemic spending habits. Credit-card balances increased every quarter in 2021 to end the year at $856 billion, the Federal Reserve Bank of New York said. The fourth-quarter gain was the largest in figures dating back 22 years, and while the total amount is still below pre-Covid levels, ...

  Bloomberg Zambia’s central bank expects to complete research on forming a digital currency that could cut transaction costs and boost participation in the formal financial system by the fourth quarter. “The results of research will form part of the input in the policy considerations on whether to introduce a central bank digital currency in Zambia,” Nkatya Kabwe, acting assistant ...