Bloomberg HSBC Holdings Plc’s main Hong Kong office was closed until further notice after three people working in the building tested positive for Covid-19 amid a renewed wave of infections among the city’s business and expatriate community. The Center for Health Protection has published a formal notice requiring visitors who stayed at the building for more than two hours between ...

Bloomberg DBS Group Holdings Ltd.’s private bank raised more than S$1.6 billion ($1.2 billion) from two in-house products, including a new one targeting sustainable investing. The Barbell Income Fund, which invests in stocks, bonds and cash, drew about S$970 million in less than six weeks after introduction, Southeast Asia’s largest bank said in an emailed release. The other product based ...

Bloomberg NatWest Group Plc faces landmark money laundering charges for failing to properly monitor a company’s account that received cash deposits totaling $365 million. The bank failed to conduct proper due diligence and oversight of the company’s account over a five-year period through 2016, the UK Financial Conduct Authority (FCA) said. The charges relate to NatWest’s relationship with Fowler Oldfield ...