Bloomberg HSBC Holdings Plc’s former head of currency trading in London made at least $500,000 in commissions by front-running a multi-billion-dollar deal that betrayed the bank’s duty to its client, according to US prosecutors. The allegations, made in court documents handed out at the start of a two-day hearing, form part of the US government’s petition to extradite Stuart Scott ...

Bloomberg Some Qatari banks are becoming less willing to sell dollars to foreign lenders amid a lingering regional standoff with a Saudi-led alliance, according to people familiar with the matter. Foreign exchange activity between local and international banks is almost at a standstill, the people said, asking not to be identified because the matter is private. The central bank is ...

Bloomberg Airbus SE’s agreement to buy a majority stake in Bombardier Inc.’s C Series passenger jet programme not only injects critical financial support and expertise into the project, but also puts China’s aircraft-selling ambitions to the test. Potential buyers of the C Series aircraft have the comfort that Airbus, with its global presence, will provide support for the jet anywhere, ...