South African insurer
Discovery Ltd said on Tuesday it would buy FirstRand's
25.01 percent interest in the much-anticipated
Discovery Bank as well as related rights and assets for 1.8
billion rand ($120 million).
French bank Societe Generale
expects penalties related to its dispute with U.S.
authorities over international sanctions violations will be
close to 1.1 billion euros ($1.27 billion), it said on Monday.