Bloomberg Yes Bank Ltd Chief Executive Officer Ravneet Gill said he expects to complete raising as much as $1.2 billion “much sooner than the market expects,” after sales of pledged shares eliminated an overhang on the lender’s stock. Gill reiterated in an interview his target of selling $1 billion to $1.2 billion of new shares to private equity investors, technology …

Bloomberg The UK’s withdrawal from the European Union is complicating the bloc’s fight against money laundering in the financial system, according to EU authorities. Firms relocating from Britain could overwhelm the national bodies that supervise anti-money laundering systems, the three EU financial regulators said in a joint report. A no-deal Brexit would make things even more difficult by disrupting the …

Bloomberg Vista Equity Partners is considering the potential sale of a stake in Finastra in a deal that could value the financial technology company at more than $10 billion including debt, people familiar with the matter said. Billionaire Robert F Smith’s buyout firm is working with Goldman Sachs Group Inc to gauge interest from potential buyers, according to the people, …