Bloomberg Some of India’s biggest lenders are asking the central bank to ease debt-management rules as they try to restructure about Rs87,000 crore ($13 billion) owed by Essar Steel Ltd. and Bhushan Steel Ltd., according to people with knowledge of the matter. Lenders including State Bank of India (SBI) and ICICI Bank Ltd. are aiming to restructure the debt ...

  Bloomberg HSBC Holdings Plc is sharpening divisions within its investment-banking bonus pool this year, giving more lucrative awards to top performers while slashing compensation for those ranked at the bottom, people familiar with the moves said. The bank is also cutting 100 senior staff at the managing director and director level across both the banking and trading units, reductions ...

  Reuters JPMorgan Chase & Co agreed to pay $55 million to settle a US Justice Department lawsuit accusing it of discriminating against minority borrowers by allowing mortgage brokers to charge them more for home loans, a person familiar with the matter said. The US Justice Department complaint, filed in Manhattan federal court, accused the bank of willfully violating the ...