Mark Lane, a managing director at Lazard Capital Markets LLC who recently returned to work after a 3 1/2-year hiatus to help raise four young sons, has died after being hit by a boat in Turks and Caicos Islands. He was 44.
Barclays Plc, whose Chief Executive Officer Antony Jenkins has been seeking to fend off regulators’ calls to increase capital, will probably announce plans next week to raise billions of dollars, the Wall Street Journal reported.
Credit Suisse Group AG is offering an exchange-traded note tied to 50 of Europe’s largest companies after Barclays Plc rolled out a similar security less than four months ago that has surged to sixth-largest in the U.S.
Barclays Plc’s deferred prosecution for improper dealings with sanctioned countries ended after the judge overseeing the U.S. case weighed whether the bank’s admissions in a probe involving manipulation of the London interbank offered rate should affect the deal.