Bloomberg Bank of America Corp. plans to open 500 branches across the US during the next four years, including an expansion of its retail business into Ohio. Consumer-banking services will be available in Cincinnati, Cleveland and Columbus, Ohio, the Charlotte, North Carolina-based firm said in a statement. The bank plans to hire more than 5,400 workers as part of the …

Bloomberg The fallout from India’s biggest banking fraud is spreading to the market for trade financing, as foreign lenders become more reluctant to accept the guarantees from their local counterparts that underpin the loans. Citigroup Inc., Deutsche Bank AG, Standard Chartered Plc and HSBC Holdings Plc are among banks reducing exposure to these transactions, used by smaller companies to access …

Bloomberg American Airlines Group Inc. and Australia’s Qantas Airways Ltd. aren’t taking no for an answer in their bid to deepen ties on flights across the Pacific. The carriers are asking US regulators a second time for permission to coordinate fares and schedules, revamping an earlier request in response to concerns that the combination would hurt competition. American and Qantas …