Bloomberg Sumitomo Mitsui Banking Corp is considering increasing its stake in Philippine lender Rizal Commercial Banking Corp as the Japanese firm seeks to expand its footprint across Southeast Asia, according to people familiar with the matter. Tokyo-based SMBC is working with financial advisers as it prepares to boost its roughly 5% stake in RCBC, the people said, asking not …

  Bloomberg HSBC Holdings Plc plans to as much as double bonuses for some of its junior investment bankers and traders in a bid to catch up with rivals on compensation. The lender, which paid less than most rivals a year ago after cutting the bonus pool at its global banking and markets division by 15%, wants to avoid losing …

  Bloomberg Stocks fell around the world as geopolitical risks over Ukraine rippled through global markets, adding to concerns about inflation and the prospect of aggressive Federal Reserve interest-rate hikes to tame it. US futures dropped, with airlines sliding in premarket trading as Ukraine tensions hit travel stocks and companies exposed to Russia and eastern Europe were under pressure. Expensive …