Bloomberg HSBC Holdings Plc pledged to boost investments in China to capture more wealth and retail clients even as political tension escalates after Beijing launched sweeping new security legislation to crack down on Hong Kong. The bank, which has come under fire over its support for the legislation, announced it was starting a new service to provide customers in mainland …

Bloomberg China’s banking and insurance regulator for the first time published names of companies that it alleges committed shareholder violations in the industry, warning investors against misbehaviour as the sector tries to attract private and foreign capital. The China Banking and Insurance Regulatory Commission’s list of 38 companies, published on its website, didn’t identify the banks or insurers they invested …

Bloomberg Nigeria’s central bank devalued the naira at one of its currency auctions, according to people familiar with matter. The weakening comes after Governor Godwin Emefiele announced last month that the bank plans to unify its multiple exchange rates to improve the transparency of its currency-management system. At an auction for importers, the central bank asked that bids for foreign …