Bloomberg Standard Chartered Plc is working on a three-year plan to improve profitability as a share slump this year puts pressure on the emerging markets lender to boost returns. While operating expenses fell by 1 percent in the third quarter and were below estimates, its key measure of profitability is still lagging. The bank said on Wednesday that it will …

Bloomberg UBS Group AG is weighing acquisitions and joint-ventures for its asset management business to help it compete with larger rivals, people with knowledge of the matter said. Targets may include UK and US asset managers focussed on retail clients and specialised asset managers in areas such as real estate, the people said, asking not to be identified because the …

Bloomberg India sought to defuse growing tensions with its central bank following reports that the government had cited a never-used legal provision in trying to resolve disagreements with the monetary authority. The Finance Ministry said in a statement on Wednesday it respects the autonomy of the Reserve Bank of India. That was after news broke that government officials had written …