Bloomberg Chinese firms that delayed debt payments during the coronavirus crisis are about to get the check. At least 10 companies will face fresh repayment tests on a combined 10.68 billion yuan ($1.5 billion) of bonds over the next two quarters or so, after they postponed maturities or swapped old debt for new notes to alleviate immediate pressure earlier this ...

Bloomberg Two senior executives at Goldman Sachs Group Inc.’s Asia merchant banking division have retired, a year after the firm combined its multiple private investing units into one team. Jonathan Vanica, who headed credit in Asia and real estate investing in India, Southeast and Korea, left this month after 19 years at bank. David Chou, a 15-year veteran who looked ...

Bloomberg IOOF Holdings Ltd. has agreed to buy National Australia Bank Ltd.’s (NAB) wealth management unit for A$1.44 billion ($1.1 billion) as its transformation gathers pace. The Melbourne-based investment group will seek to raise A$1.04 billion through a share sale to help finance the purchase of MLC, IOOF said in a statement on Monday. The rest will be funded through ...