Bloomberg Time and again since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout. Time and again, they’ve failed. The retreat sounded by Nomura Holdings Inc. last month marks just the latest Japanese overseas flop, prompting current and former executives, as well as analysts, to question if they can …

Bloomberg A top Democratic lawmaker questioned whether Federal Reserve Vice Chairman Randal Quarles can be trusted when he says leveraged lending isn’t a current threat to the financial system, pointing to his failure to foresee similar dangers before the credit crisis a decade earlier. Senator Sherrod Brown of Ohio, at a Banking Committee hearing, quoted a series of recent remarks …

Bloomberg India’s non-bank lenders rose after a newspaper reported that the Reserve Bank of India will offer them a credit line to help the shadow banks tide over a liquidity crisis. Indiabulls Real Estate Ltd., Dewan Housing Finance Corp. and Reliance Home Finance Ltd. traded more than 10% higher in Mumbai. The benchmark S&P BSE Sensex index gained 2.7% after …