Bloomberg State Bank of India and Indian Overseas Bank are among 13 state-owned Indian lenders that will receive a total of 229.2 billion rupees ($3.4 billion) in capital as the government seeks to contain risks in the banking industry while sustaining credit growth. The State Bank of India will get 75.8 billion rupees, while Indian Overseas Bank will receive ...

  Bloomberg Rollo Roscow has maxed out his holdings of Sberbank PJSC, the Russian lender that has surged as much 119 percent from late January. If he had his way, he’d probably buy more. The advance in the London-traded stock comes after a 46 percent rally in 2015 and has been driven by a rebound in oil prices and a ...

  BLOOMBERG Bank of East Asia (BEA) Ltd. shares dropped the most in two weeks in Hong Kong after Elliott Management started legal action alleging that the family-run lender acted improperly when issuing stock, which it says diluted minority investors and entrenched management control. The stock sank as much as 2.8 percent on Tuesday, the biggest intraday slide since July ...