Bloomberg Circle Internet Financial, the second-biggest stablecoin issuer, is looking to give US regulators even more oversight of its cryptocurrency business as executives at Tether, its larger rival, are said to be facing a criminal probe by US prosecutors. Circle has set a goal of becoming the first full-service US federally-chartered crypto bank as the skyrocketing value of cryptocurrencies has …

Bloomberg HSBC Holdings Plc attracted $9.3 billion in net new money for its private banking business in Asia during the first half, with client assets rising 25% from a year ago. Its Asia wealth balances — which include its Premier & Jade deposits and global private banking client assets — reached a record of about $810 billion, accounting for nearly …

Bloomberg JPMorgan Chase & Co raised the stakes in Wall Street’s intensifying battle for talent, expanding a previously announced pay increase to a broader range of staff as rivals across the industry pay up to hold on to their lowest-level analysts. Junior sales, trading and research analysts across JPMorgan’s corporate and investment-banking unit are now in line for raises, a …