Bloomberg Lloyds Banking group Plc is stepping up help for struggling customers, including mortgage relief, during the UK’s heightened economic stress, according to Chief Executive Officer Charlie Nunn. The bank is talking to British regulators about lengthening the terms of some mortgages as well as moving some customers to interest-only loans or lower-cost products as they adjust to the ...

  Bloomberg Royal Bank of Canada agreed to buy HSBC Holdings Plc’s Canadian unit — the country’s seventh-largest bank — for C$13.5 billion ($10 billion) in cash, expanding its roster of business clients and bulking up its retail presence on the West Coast. The deal is expected to be completed by late 2023, subject to regulatory approvals, Toronto-based Royal Bank ...

  Bloomberg India’s central bank will launch the retail version of its digital currency on a test basis starting Thursday, a month after allowing some banks to use it for settling secondary-market transactions in government securities. Four banks will initially run the digital currency pilot, with another four joining at a later stage, the Reserve Bank of India (RBI) said in ...