Bloomberg HSBC Holdings Plc has lost two senior investment bankers in Asia, according to people familiar with the matter, as global banks compete for financial technology talent and the dealmaking slows down. Nate Tan, a managing director, has left the British lender and will join Singapore’s United Overseas Bank Ltd. in its digital banking platform team, the people said, ...

  Bloomberg European stocks retreated and bond yields tumbled as comments by Federal Reserve Chair Jerome Powell and growth data in Europe stoked fear about a global dowturn. Oil extended losses. The Stoxx Europe 600 Index slipped about 1%, with miners and energy firms posting the biggest declines. Contracts on the Nasdaq 100 flipped to gains from losses while those ...

  Bloomberg SoftBank Group Corp founder Masayoshi Son is used to praise and encouragement from shareholders. But company’s loss of $34 billion in market value over the last year is a test for even his most faithful admirers when they gather for the annual shareholders’ meeting. Investors stuck by Son when SoftBank announced a holding company strategy in 2015 to ...