Bloomberg The tyranny of distance is weighing on Australia’s banks in the U.S. bond market. The yields that dollar debt buyers demand from Australia’s largest lenders are higher than for Canadian banks with similar credit ratings, an analysis of more than 80 securities compiled by Bloomberg shows. While the two commodity-producing nations’ banks are among the developed world’s most ...

  Bloomberg Postal Savings Bank of China Co. is seeking as much as $8.1 billion in a Hong Kong initial public offering, which could become the world’s biggest share sale this year. The Beijing-based bank is offering 12.1 billion shares at HK$4.68 to HK$5.18 apiece, according to terms for the deal obtained by Bloomberg on Tuesday. Cornerstone investors, who commit ...

  Bloomberg Banks may face an increase of about 10 percent in their capital requirements as a result of the overhaul of risk-assessment rules under way at the Basel Committee on Banking Supervision, according to Philippe Heim, chief financial officer of Societe Generale SA. The Group of 20 nations and the Basel Committee’s oversight body “want to concretely deliver reform ...