Regulators will discuss next month how to ease pressure on global banks to hold unnecessarily large levels of capital in every country they operate, the Financial Stability Board said on Wednesday.

Banks advising companies taking on debt to recover from the pandemic must not use pressure tactics to win future business, global securities regulators said on Monday.

Regulators were circling. The stock was sinking. This is the inside story of how Scharf took the toughest job on Wall Street, ...