Bloomberg HSBC Holdings Plc has instructed about 6,000 employees of its global markets division to cease buying single-name securities on their personal accounts, according to people with knowledge of the matter. Purchases of single-name stocks, bonds and concentrated exchange-traded funds will be prohibited, Global Head of Markets Thibaut de Roux told staff in an email, said the people, who asked ...

Bloomberg The onshore yuan rose for the sixth day in a row, the longest run of gains since 2015, boosted by a stronger central bank fixing and data showing China’s economy held up in the second quarter. The yuan gained 0.05 percent to 6.7704 per dollar as of 5:14 p.m. in Shanghai, extending its six-day advance to 0.5 percent. This ...

Bloomberg Four former Barclays Plc executives will stand trial in January 2019 on allegations they conspired to commit fraud over the bank’s 2008 fundraising with Qatar, a London judge said. The trial date was set at a hearing on Monday where former Chief Executive Officer John Varley, Roger Jenkins, Thomas Kalaris and Richard Boath all appeared at Southwark Crown Court. ...