Bloomberg Sandeep Uberoi, the former head of technology, media and telecom for Southeast Asia at Bank of America (BofA) Merrill Lynch, has joined Jungle Ventures as a strategic adviser. He will lead strategy and corporate development at the Singapore-based venture capital firm and overseee its portfolio companies across Southeast Asia and India, Uberoi said. His focus will include fundraising, partnerships ...

Bloomberg A group of HSBC Holdings Plc shareholders filed a resolution urging the bank to cut its support to the fossil-fuel industry. Amundi SA, Europe’s largest listed asset manager, and Man Group Plc, the world’s biggest publicly traded hedge fund firm, were among 15 institutional investors overseeing a combined $2.4 trillion that are backing the move, according to a statement ...

Bloomberg China plans to allow some commercial banks to start selling soured personal loans to distressed asset managers as soon as this month, according to people familiar with the matter. At a meeting by the official credit assets transfer center, banks and state-run bad-loan managers were asked to accelerate preparations to ensure a smooth start of the trial program in ...