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Putin crushes rival ahead of parliamentary elections

Bloomberg President Vladimir Putin has sidelined the last of his independent political opponents, jailing some and driving others into exile, as his ruling party seeks to extend its control in parliamentary elections despite simmering discontent. While Putin personally retains broad support, according to polls, his United Russia ruling party recorded some of the lowest ratings in nearly a decade earlier ...

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Credit Suisse targets European housing in new partnership

Bloomberg Credit Suisse Group AG has become the latest lender to bet on Europe’s booming rental housing sector. The Swiss bank’s asset management arm is teaming up with real estate investor Mark to acquire and manage residential properties in city centers, according to a statement. The Doma venture seeks to raise an initial 350 million euros ($414 million). The partnership ...

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Wells Fargo delays its return-to-office plans

Bloomberg Wells Fargo & Co delayed its return-to-office plans by another two weeks to early November. The firm, which has the biggest workforce of any US bank, will now begin bringing back employees who have been working remotely starting November 1, according to an internal memo from Chief Operating Officer Scott Powell. The bank had previously planned on beginning the ...

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