Bloomberg The Uruguayan subsidiary of HSBC may seek regulatory approval as soon as next year for a second covered bond programme of about $100 million as the bank aims to take 15 percent of the home loan market in two years, according to senior executives. “I wouldn’t rule out pitching a new programme to the central bank if the origination ...

Bloomberg Deutsche Bank AG’s Southeast Asia vice chairman Philip Lee is leaving the German lender, capping a string of senior departures in the region. Lee, also the chief country officer for Singapore, is departing to pursue other interests, after building out the bank’s Southeast Asia client franchise over the past five years, according to an internal memo obtained by Bloomberg. ...

Bloomberg Elon Musk’s shock $82 billion offer to buy out the loss-making Tesla Inc. has the market wondering just how he will find the cash. But when it comes to his grand plans to build electric cars in China, he already has the answer: the nation’s state-owned banks. With a factory just outside of Shanghai key to Musk’s vision of ...