BLOOMBERG  Housing Development Finance Corp, India’s largest mortgage financier, merging into HDFC Bank Ltd is likely to lead to a drop in borrowing costs in the rupee bond market, a senior official at the merged unit, said. “If the amount of supply comes down and demand remains the same, then prices will reflect that,” Keki Mistry, a non-executive director on …

BLOOMBERG  Even in a year where currency volatility is falling worldwide, the slump in swings in the Indian rupee has traders from London to Singapore asking when the central bank will loosen its iron grip. The rupee’s one-month implied volatility versus the dollar crashed to its lowest since 2005 in June, drawing queries from investors on roadshows of Citigroup Inc …

BLOOMBERG  UBS Group AG named Sylvia Coutinho Brazil country head and the regional leader for Latin America businesses as the Swiss bank integrates teams from its acquisition of Credit Suisse Group AG. Marcello Chilov, Credit Suisse’s former chief executive officer in Brazil and head of wealth management for Latin America, will run UBS global wealth management in Latin America, according …