Bloomberg The Polish Supreme Court’s inability to provide guidance in Swiss franc-mortgage lawsuits gives local banks an opportunity to resolve their multi-billion zloty disputes directly with borrowers, according to the country’s financial markets regulator. The cases against about a dozen of Polish financial institutions, including PKO Bank Polski SA and Commerzbank AG’s unit MBank SA, have surged in recent months …

Bloomberg India’s banks need to raise funds from markets for their growth rather than depend on the government for recapitalisation, Finance Minister Nirmala Sitharaman said. “Banks are today less burdened because books are cleaner,” Sitharaman said at the annual general meeting of the Indian Banks’ Association. “As a result they will able to go and raise money from markets. I …

Bloomberg The biggest US banks appear to be sidestepping any fallout from the crisis at indebted developer China Evergrande Group that sparked a widespread selloff in stocks this week. Citigroup Inc has no direct lending exposure to Evergrande, a spokeswoman said. JPMorgan Chase & Co and Bank of America Corp also have no such links. Bank of America has no …

Bloomberg Pressure is building for the municipal-bond market after a selloff in US Treasuries this week, according to Barclays Plc. Rates market volatility is one of the challenges facing state and local debt performance in the near-term, according to a September 24 note by strategists Mikhail Foux, Clare Pickering and Mayur Patel. Municipal bonds have posted losses this week but …

Bloomberg The Italian government and UniCredit SpA are making progress in talks on a deal for the takeover of troubled lender Banca Monte dei Paschi di Siena SpA and could sign a preliminary accord by the end of the year. The Rome-based Finance Ministry is working to meet UniCredit’s demands in a deal that may cost the state more than …

Bloomberg European stocks and US index futures rise as investors assessed whether global growth can withstand a slowdown in China and a global energy crunch. Contracts on the S&P 500 Index advanced 0.3% after a three-day rally in US stocks. Treasury yields advanced as traders braced for speeches by Federal Reserve policy makers this week. Tightening oil supplies sent West …

Bloomberg Indian stocks are expected to move in a “calibrated manner” after the benchmark index more than doubled since March last year, driving up the valuations, according to Girish Pai, head of research at Nirmal Bang Equities Pvt. BSE Sensex index had touched the 60,000 mark for the first time on September 24, driven by optimism for recovery in businesses …

Bloomberg The latest smash hit from the Korean entertainment world “Squid Game” is also proving popular with investors, who have been snapping up shares of at least two companies related to the thriller series. A dramatised survival game in the vein of “Hunger Games,” the show currently tops the global rankings on Netflix Inc, and is the first Korean drama …

Bloomberg Southwest Airlines Co is deploying new hiring tactics, including on-the-spot interviews and instant job offers for ramp workers at Denver International Airport, in an effort to entice entry-level workers in a highly competitive US labour market. Southwest’s latest recruiting strategy comes as it battles nationwide with companies across a variety of industries to find workers for the 5,000 jobs …

Bloomberg The reopening of transatlantic flights to the US is “great news” for Paris, but it won’t bring air traffic back to where it was before the pandemic, according to the operator of the city’s airports. Paris serves as a hub to connect various continents, and “as long as Asia is closed, notably China,” all incoming traffic to Paris that …