Bloomberg The former head of HSBC Holdings Plc’s North American interest rates business was sued for fraud by the US Commodity Futures Trading Commission (CFTC). Christophe Rivoire helped manipulate the price of an interest rate swap between the bank and a bond issuer, the CFTC said in a complaint filed in Manhattan federal court. The agency claimed the issuer had ...

Bloomberg Bank of America Corp, which tops the league table for US leveraged-loan issuance, is watching that market closely for signs of stress. “The real concern is: Is there too much leverage in the system in certain companies, and if they have trouble, will that impact the economy?” Chief Executive Officer Brian Moynihan said in a Bloomberg Television interview. “We ...

Bloomberg China’s central bank injected the most liquidity via open-market operations since January, in a push to ensure ample cash supply ahead of seasonal tightness at year-end. The People’s Bank of China (PBOC) added 280 billion yuan ($40 billion) into the financial system with 7 and 14-day reverse repurchase agreements , while keeping the interest rates unchanged. That came after ...