Bloomberg A 78 percent drop in Yes Bank Ltd shares since August has left founder and former chief executive officer Rana Kapoor some $1 billion poorer. The Indian lender, which reported earnings that showed its capital buffers had weakened and bad loan ratio widened, plunged as much as 20 percent. That’s contributed to a drop in Kapoor’s net worth to …

Bloomberg Standard Chartered Plc’s transactions with Iran were worth tens of billions of dollars more than previously known, a whistleblower said in a lawsuit claiming the British bank actively pursued Iranian business in violation of US sanctions. The whistleblower, a bank executive who has not been named in court papers, was the bank’s global head of transaction banking and foreign …

Bloomberg Federal Reserve Bank of Boston President Eric Rosengren said he doesn’t believe the US economy needs an interest-rate cut, given the positive data that’s rolled in since mid-June. “The economy’s doing actually quite well,” Rosengren said in an interview with CNBC. “We’re not really having an economic slowdown.” Rosengren, who votes this year on the policy-making Federal Open Market …