Bloomberg A former HSBC Holdings Plc banker filed a lawsuit after being told he couldn’t have his bonus because he helped clients cheat on their taxes. The bank responded by counter-suing him for wasting its time. Rajesh Parmar is suing HSBC Private Bank UK for more than 1.8 million pounds ($2.4 million) in unpaid bonuses and damages, accusing it of ...

Bloomberg Lloyds Banking Group Plc is in exclusive talks to sell and lease back its City of London headquarters to a company linked to China’s Hengli Group, two people with knowledge of the deal said. The Chinese conglomerate offered about 150 million pounds ($198 million) for the 25 Gresham Street building, the people said, asking not to be identified because ...

Bloomberg About a third of the customers queuing at La Maison du Bitcoin’s teller windows in Paris aren’t speculating on the value of the cryptocurrency. They’re sending digital money home to Africa. “In many countries in Africa, there are far more cellphones than bank accounts,” said Manuel Valente, co-founder of La Maison. “For bitcoin, all you need is a phone.” ...