Bloomberg An HSBC Holdings Plc. executive and a former employee have been barred from the banking industry by the Federal Reserve as they face U.S. criminal charges that they committed fraud in conducting foreign-exchange trades. The Fed’s move follows the August indictments of Mark Johnson, who was HSBC’s head of foreign exchange cash trading, and Stuart Scott, the bank’s ...

  Bloomberg Raiffeisen Bank International AG rose to the highest in about 10 months after announcing that it will go ahead with a plan to merge with its parent to address a capital shortfall at Austria’s biggest group of credit cooperatives. RBI climbed as much as 2.8 percent to 14.39 euros in Vienna, the highest since Dec. 9. The company ...

  Bloomberg Lloyds Banking Group Plc is considering taking on Bank of America Corp.’s (BoA) liabilities in the British payment protection-insurance scandal as it looks to beat private-equity firms in the bidding for the MBNA credit-card business, according to people with knowledge of the matter. Britain’s largest mortgage lender is vying with private-equity firms including Cerberus Capital Management and Advent ...