Bloomberg Morgan Stanley told employees who have to be in the office through the first two weeks of January to wear face coverings when not at their desks and limit large in-person meetings. “This guidance applies to all locations (even those where everyone is fully vaccinated),” the New York-based bank said in a memo to staffers this week. “Masking …

  Bloomberg HSBC Holdings Plc has said it will buy the investment management unit of India’s L&T Finance Holdings Ltd, the latest push to build up the Asian wealth and investment business that is at the forefront of the bank’s turnaround plans. The London-headquartered lender said it had agreed terms to acquire L&T Investment Management, which had looked destined to …

  Bloomberg UBS Group AG appealed a court verdict that it helped wealthy French clients stash undeclared funds in Swiss accounts, prolonging a period of legal uncertainty in seven-year old case. The Zurich-based bank filed an appeal with the French Supreme Court regarding the ruling, according to a statement. It had five days from the judgement last week to make …