Bloomberg Venezuelans went to polls on Sunday in regional elections poised to strengthen President Nicolas Maduro as the country’s political opposition slips further into disarray. The country of 28 million will elect mayors, governors and local officials from roughly 70,000 candidates in the first elections that are being contested by opposition parties since 2017, and monitored by the European Union ...

Bloomberg Two of Europe’s banking giants picked the leaders who will help chart their next era as they named successors for the chairmen who steered them through a decade of restructuring. UBS Group nominated former Morgan Stanley President Colm Kelleher to succeed Axel Weber as chairman next year. A day earlier, Deutsche Bank AG proposed Dutch insurance veteran Alexander Wynaendts ...

Bloomberg Banks must report major cyberattacks to regulators within 36 hours if the incident is likely to disrupt their business, according to a new rule from US regulators. Any “computer security incident” that threatens a lender’s operations, services to customers or the stability of the financial system has to be disclosed to the bank’s primary government watchdog, according to a ...