Bloomberg Goldman Sachs Group Inc. is using its position in the $800 billion market for exchange-traded bond funds (ETF) to build a business that its Wall Street rivals now want to emulate. The bank has this year almost tripled the volume of ‘‘credit portfolio trades,’’ whereby it buys or sells large scale blocks of securities through ETFs, to around $20 ...

Bloomberg Barclays Africa Group Ltd. is no more. And with that a chapter closes on its former British parent’s 100-year history on the continent. The lender on Wednesday ditched the name to revert to Absa Group Ltd. as it severs ties with Barclays Plc after the London-based company sold down the controlling stake it bought in 2005. The Johannesburg-based company ...

Bloomberg Malaysia’s central bank kept its benchmark interest rate steady in the first policy meeting under a new governor, providing support to an economy that Prime Minister Mahathir Mohamad is trying to revamp. Bank Negara Malaysia held the overnight policy rate at 3.25 percent, it said in a statement in Kuala Lumpur on Wednesday, as predicted by all 19 economists ...