Bloomberg Nazir Razak, chairman of CIMB Group Holdings Bhd. and brother of Malaysia’s prime minister, is helping start a regional private equity fund that will seek as much as $1 billion, people with knowledge of the matter said. Nazir will keep his role at CIMB, Malaysia’s second-largest bank, while acting as one of the fund’s five partners, according to the ...

Bloomberg A group of companies linked to South Africa’s politically connected Gupta family said the country’s banking regulator encouraged lenders to shut their accounts, broadening a battle to retain the last of their banking services. The 20 businesses, which are suing Bank of Baroda’s local unit to keep their accounts open, have now included Reserve Bank Governor Lesetja Kganyago and ...

Bloomberg VietJet Aviation JSC plans to expand its fleet to include wide-body jets as the Vietnamese low-cost carrier considers California as its first US destination starting about 2019. Vietnam’s biggest private airline would use the larger aircraft to begin the route after the US Federal Aviation Administration grants Vietnam airlines permission to fly to America, said Nguyen Thi Phuong Thao, ...