Bloomberg India’s central bank will raise its inflation forecast in the June monetary policy meeting amid elevated commodity prices, possibly setting the stage for more interest rate increases by August, a person familiar with the matter said. There is also a growing chance that inflation will breach the upper end of the Reserve Bank of India’s (RBI) targeted 2%-6% ...

  Bloomberg Credit Suisse Group AG will name two veterans to lead its Asia-Pacific financing group in a bid to shore up one of its most profitable businesses in the region after a series global scandals triggered billions of dollars in losses and departures of senior executives at the Swiss bank. The Zurich-based lender will name Tim Tu, who just ...

  Bloomberg Nomura Holdings Inc. has hired four traders from Citigroup Inc., and six others from elsewhere, as it rebuilds its macro desks globally with a focus on foreign exchange. Dipak Shah, Sidi Mohamed Saaf, Matthew Rupsis and Christopher Torrington have recently joined Nomura from Citigroup in a variety of roles to help the Japanese lender boost its forward and ...