Bloomberg Bank of America Corp. (BofA) inched closer to its diversity goals last year, and said it recognises more needs to be done. Racial and gender representation increased in most areas of the company, including among senior management, according to data by the bank. Still, the percentage of women in the top three tiers of the firm remained unchanged from ...

Bloomberg The Bank of Thailand extended its 500 billion baht ($16 billion) “soft loan” program for small and medium-sized enterprises by six months to help with the effects of the lingering Covid-19 outbreak, the central bank said on its website. The central bank also relaxed rules to allow listed SMEs to join the low interest-rate lending program, which started April ...

Bloomberg HDFC Bank Ltd., India’s largest private lender, posted second-quarter profit that beat analysts’ expectations on strong loan growth and fall in bad loans. Net income was 75.1 billion rupees ($1.02 billion) for the three months to September, up from 63.4 billion rupees a year earlier, the lender said in a filing. The profits were 17% higher than the 64.1 ...