Bloomberg Japan’s biggest banks warned of a bleaker outlook for the next six months as the resurgent pandemic slams economies, even as they reported first-half profits that exceeded expectations. Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group Inc raised their full-year profit targets, thanks mainly to strong results from trading and serving cash-strapped corporate clients in the six months ...

Bloomberg A probe into allegations of a possible cover-up of fraud by Lloyds Banking Group executives has hit fresh delays, the Times reported. The investigation into the bank’s treatment of irregularities at the HBOS Reading branch won’t be completed until 2021, or more than four years after it was commissioned, the newspaper said citing Dame Linda Dobbs, who is leading ...

Bloomberg Borrowers from Asia are ramping up dollar debt sales again and are on the cusp of exceeding the full-year record for issuance. Issuers from Asia ex-Japan have sold over $323 billion of notes in the US currency so far this year, compared with $326 billion for all of 2019 — the current all-time high, according to data compiled by ...