BLOOMBERG India rejected attempts by China to claim some parts of Indian controlled territories, highlighting yet another flash-point between the neighbours. “Arunachal Pradesh is, has been, and will always be part an integral and inalienable part of India,” said a statement of the Ministry of External Affairs. Beijing issued maps and names of 11 places as part of its southern ...

BLOOMBERG  Credit Suisse Group AG Chairman Axel Lehmann apologised to shareholders for failing to stem a loss of trust in the bank that he said had built up well before he took over. “We failed to stem the impact of legacy scandals, and counter negative headlines with positive facts,” Lehmann said in remarks prepared for the bank’s annual shareholder meeting ...

BLOOMBERG  Yibin City Commercial Bank Co is considering a Hong Kong initial public offering that could raise about $200 million to $300 million, according to people familiar with the matter. The Chinese lender is working with CCB International Holdings Ltd and ICBC International Holdings Ltd to prepare for the first-time share sale, which could take place as soon as this ...