With people changing their preferences for using a bank, several bank branches have few customers using them. The drastic fall in the number of customers for physical banking has forced Hongkong and ...
HSBC to close a quarter of British branches as fewer customers use physical locations and go digital
London-based lender to close 114 branches in its second-biggest market Footfall has fallen by half in 74 per cent of the branches set to close, HSBC says HSBC plans to close about a quarter of its ...
HSBC investors cheer $10bn deal to sell Canada unit
HONG KONG -- Investors on Wednesday backed HSBC Holdings' planned $10.1 billion sale of its Canadian business as part of an international pullback by the bank, which faces pressure to focus on Asia to ...
Bank of Japan zavede digitální jen v roce 2023
Bank of Japan ( BoJ) údajně hodlá v roce 2023 vydat experimentální verzi digitálního jenu. Na vývoji digitální měny centrální banky ( CBDC) prý BoJ spolupracuje se třemi velkými japonskými bankami a z ...
Swiss crypto bank SEBA Bank expands to Hong Kong
Swiss crypto bank SEBA Bank announced on Wednesday the opening of its Hong Kong office to serve global institutional clients as part of its Asia-Pacific expansion. See related article: Hong Kong said ...
China’s Sunshine Insurance targets up to $950 mln in HK IPO
China's Sunshine Insurance launched on Wednesday a Hong Kong initial public offering (IPO) to raise up to $950 million in a deal that would be the second-largest new share sale in the city in 2022.
China, Hong Kong stocks mixed on COVID easing hopes, weakening PMI data
China stocks move higher in a choppy session on Wednesday, while Hong Kong shares were mixed, as investors clung to hopes that China will soon reopen its economy, despite rising COVID cases.
Sunshine Insurance Sets Terms for $948 Million IPO
Chinese insurer Sunshine Insurance Group Co. is seeking to raise as much as HK$7.4 billion ($950 million) in its Hong Kong initial public offering.Most Read from BloombergScientists Revive 48,500-Year ...
Profit Taking May Dent Hang Seng Shares On Wednesday
The Hong Kong stock market on Tuesday halted the two-day losing streak in which it had slumped more than 360 points or 2.1 percent.
HSBC is Bidding Farewell to its Canadian Customers
British bank HSBC used to bill itself as "the world's local bank," but the emphasis is increasingly on local and less on the world part ...
HK stocks dip at open ahead of Fed comments
Hong Kong shares opened slightly lower on Wednesday following the previous day's massive jump, with traders awaiting a key speech by Federal Reserve ...
RBC Bets on Immigration in $10.1 Billion HSBC Canada Deal
Royal Bank of Canada seeks to shore up its domestic competition and tap into affluent international clientele with financial ties to the country.
Shareholders set to benefit as HSBC sells Canada unit
HSBC has agreed to sell its business in Canada to Royal Bank of Canada for $13.5 billion Canadian dollars (US$10.04 billion) in cash, paving the way ...
Hong Kong crypto exchange falls silent, fuelling shutdown fears
Atom Asset Exchange (AAX) prevented customer withdrawals on November 15, saying its capital position was under "acute pressure" after some investors asked for their money back ...