HSBC Holdings Plc spent 150 years building a financial fortress around Hong Kong that touches nearly every aspect of life in the former British colony. One of the bank’s biggest threats? A pack of upstart virtual lenders, which barely existed two ...

Shares of Yes Bank Ltd on Tuesday slumped nearly 30% as many brokerage firms downgraded the stock and cut target price after the lender reported surprise quarterly loss and guided to lower growth in the ongoing financial year. Yes Bank ...