Bloomberg Leverage debt guidelines set up to help prevent a rerun of the financial crisis are losing adherents under the Trump administration. With the say-so of the Treasury Department, Goldman Sachs Group Inc. is among underwriters of leveraged buyouts arranging deals that skirt guidance designed to contain excessive leverage that left banks with more than $200 billion of unsellable LBO …

Bloomberg Prime Minister Narendra Modi’s government tapped Rajnish Kumar to helm State Bank of India (SBI), handing him the task of curtailing a surge in bad debts at the nation’s biggest lender. Kumar, who has headed the state-run bank’s domestic lending business since November 2015, was elected chairman on Saturday as Arundhati Bhattacharya’s four-year term ends, the government said in …

Bloomberg With just four words, Mark Johnson allegedly passed a secretive signal to fellow HSBC Holdings Plc currency traders to launch a buying spree of pounds: “My watch is off.” The bank’s former global head of foreign exchange alerted the traders around the globe via phone calls and chat messages, prosecutors at Johnson’s fraud trial say. The gambit in December …