Bloomberg As banks around the world shut branches and lay off tellers, Pakistan’s Faysal Bank is headed in the opposite direction in the hope that a drive into Islamic financial services will boost deposits and shareholder returns. The Karachi-based lender plans to open 200 new branches offering Shariah-compliant deposit accounts in the next two years, and convert 40 regular branches …

Bloomberg Shares in Metro Bank Plc fell more than 9% to a fresh record low despite the British lender’s assurances that its 350 million-pound ($455 million) share sale to repair its finances was well advanced. Metro has started “final discussions with existing shareholders and new investors, and the feedback continues to be positive,” the firm said in a statement, confirming …

Bloomberg To help pull off the biggest media deal of the year, JPMorgan Chase & Co. embraced a Wall Street practice that fell out of favor after the financial crisis. The largest US bank agreed to take a $1 billion equity stake using its own money. The check helped Sinclair Broadcast Group Inc. amass the cash it needed for a …