Bloomberg Bank of America Corp. (BofA) clients with $614 billion combined are in the throes of an unprecedented frenzy of risk-taking, as more Wall Street banks sound the alarm on greed across markets. After a week which recorded the strongest-ever inflow into stocks, a record net 25% of investors surveyed by the investment bank this month are taking higher-than-normal risks. ...

Bloomberg The billionaire Hinduja family paid a premium to boost its stake in IndusInd Bank Ltd., a sign of confidence in the Indian private-sector lender as concerns over its asset quality ease. IndusInd International Holdings Ltd., which represents the bank’s founding Hinduja clan, completed a rights issue to fund the conversion of warrants to shares in the Mumbai-based bank, it ...

Bloomberg JPMorgan Chase & Co. is working with about 10 stressed or distressed borrowers in Europe hoping to lower cost of government bailout loans in debt market, according to senior bankers. Most of the companies are trying to offload loans made last year to help them survive the pandemic and lock in lower rates, Daniel Rudnicki Schlumberger, the bank’s co-head ...