Bloomberg Business

The Bank of England sought to clarify its rules regarding the order in which shareholders and creditors should bear losses in the event of insolvency, in the wake of the controversial write-down of Credit Suisse Group AG’s riskiest bonds.

Kazakhstan’s ruling party won a commanding majority in early parliamentary elections on Sunday that were marred by low turnout and what international observers called “discrepancies” in the conduct of the vote.

Inflation of more than 100% in Argentina is erasing the advantage the country’s top companies used to have by booking revenue in US dollars.

Virginia’s industry-friendly bill held up as model by company representatives.

European and UK banking regulators sought to reassure markets Monday after holders of Credit Suisse Group AG’s riskiest bonds suffered a historic writedown as part of its takeover by UBS Group AG.

One junior bond issued by a Credit Suisse entity a decade ago has emerged unscathed from a wipeout of the lender’s riskiest notes as part of UBS Group AG’s takeover.

Time and again, they say, drivers of color get worse feedback than their White counterparts. The ratings help determine pay and employment.

Just weeks ago, they were bit players in the giant US banking system. Now, a handful of regional lenders are at the heart of a crisis that’s shaken the country and engaged the likes of Warren Buffett and Jamie Dimon.