Bloomberg Business

The assets of Odey Asset Management’s Swan fund slumped 37% in the run-up to the firm’s decision to shut it down as clients rushed for the exit following fresh sexual assault allegations against its founder Crispin Odey.

After a seven-month issuance drought, Wall Street’s largest lenders are back in the green bond business.

HSBC Holdings Plc’s head of global banking sustainability, Alexi Chan, is planning to take a five-month sabbatical starting next month, according to a memo.

Pakistan’s coastal areas are bracing for a second climate-induced emergency in a year, with thousands of people being evacuated before Cyclone Biparjoy makes landfall on Thursday.

Shell Plc will increase its dividend 15% and boost natural gas production as new Chief Executive Officer Wael Sawan refocuses on the fossil fuels that drove record profits last year.

Swedish core inflation slowed less than expected in May as Beyoncé fans flooding Stockholm may have driven an increase in hotel prices.

Deutsche Bank AG is hiring top financial services dealmakers from Perella Weinberg Partners and Credit Suisse Group AG as it seeks to beef up its senior ranks in Europe.

Senior Chinese officials are soliciting advice from business leaders and economists on how to revitalize the economy in a flurry of meetings attendees have characterized as unusually urgent in their tone.

The SIX Swiss Exchange is investigating Tuesday’s technical glitch that caused the country’s worst stock market outage in more than decade.