The bank, which has its headquarters in London but makes most of its revenues in Hong Kong and mainland China, did not comment on whether a CCP branch had been set up at one of its units. HSBC ... ( read original story ...)
Hong Kong Faces First Prime Rate Hike Since 2018 on Hawkish Fed
Hong Kong banks are set to lift prime rates for the first time in four years in response to the Federal Reserve’s aggressive policy tightening, spelling stress for one of the world’s most expensive ... ( read original story ...)
HSBC insists Communist party branches have ‘no influence’
The bank, which has its headquarters in London but makes most of its revenues in Hong Kong and mainland China, did not comment on whether a CCP branch had been set up at one of its units. HSBC ... ( read original story ...)
HSBC Confirms CCP Committee Setup by CN Arm, Biz Operation Unaffected
HSBC HOLDINGS (00005.HK) has reportedly established a Chinese Communist party (CCP) committee within its investment banking subsidiary in China, becoming the first foreign bank to do so. According to ... ( read original story ...)
HSBC becomes first foreign bank in China to house a unit of country’s Communist Party in its latest concession to Beijing
The giant's investment banking arm in China - HSBC Qianhai Securities - recently established a committee of the Chinese Communist Party. ( read original story ...)
What does Hong Kong’s move to cut out lawyers in mortgage transactions mean for property buyers
The Hong Kong Monetary Authority has cut out lawyers' role in mortgage transfers in a pilot plan to protect buyers from insolvent legal firms But property buyers still need law firms to assist them ... ( read original story ...)
HSBC sets up Communist Party cadre in China business
Britain's biggest lender and Asia-focused HSBC has set up a Chinese Communist Party (CCP) cadre in its China investment bank. The bank has become the ... ( read original story ...)
HSBC promotes Shaw to Australian chief executive
HSBC Holdings has appointed Antony Shaw to head up its Australian operations, according to a statement on Thursday. ( read original story ...)
HSBC unit installs Chinese Communist Party committee
HSBC has installed a Chinese Communist Party (CCP) committee for workers in its investment banking unit in the country amid escalating tensions between Beijing and the West. The bank's subsidiary HSBC ... ( read original story ...)
HSBC confirms staff in China unit set up branch of China’s Communist Party
HSBC Holdings Plc (LON: HSBA) said employees had formed a branch of China's Communist Party (CCP) within its securities brokerage unit in the country, following media reports on Thursday. HSBC said ... ( read original story ...)
Chinese Regulators Refund More Customers Caught in Alleged Rural Bank Fraud
Investigation finds collusion between Henan New Wealth and staff at five lenders to skim off deposits. ( read original story ...)
HSBC installs Communist Party committee in Chinese investment bank
HSBC’s move will pressure other foreign banks to follow suit and some have been examining whether they are required to do so after taking full ownership of their mainland securities and brokerage ... ( read original story ...)
HSBC installs Communist party committee in China brokerage unit – FT
HSBC Holdings Plc (LON: HSBA) has established a Chinese Communist party committee (CCP) within its securities brokerage unit in the country, Financial Times reported on Thursday, citing two people ... ( read original story ...)
As China’s Tech IPO Window Cracks Open, Investors See New Hope for ByteDance
Investors in ByteDance are getting more optimistic that one of the world’s most highly valued private companies can move toward an initial public offering, a development that comes after years of ... ( read original story ...)