Bloomberg DW Sports, founded by former English soccer player David Whelan, filed for administration after the company had to close dozens of its gyms and retail stores due to the Covid-19 pandemic. BDO LLP was appointed administrator of the UK retailer and said all the company’s approximately 1,700 jobs are “at risk of redundancy,” according to an emailed statement. DW …

Bloomberg The Bank of England (BOE) is facing pressure from green campaigners to revise its pandemic rescue program after research showed it’s effectively subsidising polluting industries while claiming tackling climate change is a priority. The central bank’s 20 billion pound ($26 billion) Corporate Bond Purchase Scheme favours carbon intensive industries such as energy production and manufacturing, according to a report …

Bloomberg HSBC Holdings Plc is planning a big boost to its wealth management staff in China in a bid to lift its sagging profits, increasing its presence in the face of mounting political tensions between Beijing and Western governments. In conjunctions with its earnings release, which revealed first-half profit halved, the bank said it’s targeting to hire 2,000 to 3,000 …