(Bloomberg) -- Hong Kong’s wealthiest people are starting to feel the pain from nine weeks of protests that have jammed the financial hub’s streets, weighed on economic growth and battered ... ( read original story ...)
Hong Kong Leader Warns of ‘Ruin’ as Strike Snarls City, Airport
(Bloomberg) -- Hong Kong leader Carrie Lam warned of a “very dangerous situation” as protesters moved to shut down the Asian financial hub with a general strike on Monday after a ninth straight ... ( read original story ...)
Standard Chartered, Hang Seng Bank close branches as citywide strike, protests wreak chaos in Hong Kong
All three note-issuing banks in Hong Kong saw their shares fall to the lowest level in three months as a citywide strike disrupted travel and violent protests continued The yuan falling below 7 per US ... ( read original story ...)
Hong Kong stocks hit by protests, US-China trade war
The top loser was Sun Hung Kai Properties, one of the city's largest developers. It sank 5.2%. BOC Hong Kong, a major lender owned by Bank of China, fell 3.4%. The MTR — the city's subway system and a ... ( read original story ...)
HSBC axes CEO Flint after only 18 months in role to speed up growth
HONG KONG/LONDON (Reuters) - HSBC (HSBA.L) ousted Chief Executive Officer John Flint after just 18 months in that role, in a surprise move that the lender’s chairman said was necessary to ... ( read original story ...)
Hang Seng Bank interim net climbs to HK$13.6b, net interest income grows to HK$15.8b
Hang Seng Bank reported today first half profit increased by 8 percent from the year before to HK$13.65 billion.Pre-tax profit was up by 7 percent to HK$15.89 billion from the year before. Operating ... ( read original story ...)
Hong Kong shares tumble on trade war and protest worries
Hang Seng Bank, a unit of HSBC, fell 4.1% despite reporting an 8% increase in first-half net profit of 13.66 billion Hong Kong dollars ($1.74 billion). Asian equities remained under pressure ... ( read original story ...)
HSBC CEO Flint Exits in Surprise Move After 18 Months
Flint, 51, joined HSBC in 1989 and took over as CEO in February 2018. “Timing-wise, this is strange. It’s a sudden move given the short time he’s served as the CEO,” said Alex Wong, Hong Kong-based ... ( read original story ...)
HSBC CEO Flint exits abruptly after only 18 months in role
HONG KONG — HSBC announced the shock departure of Chief Executive Officer John Flint after just 18 months in the role, saying the bank needed a change at the top to address “a challenging ... ( read original story ...)
HSBC CEO John Flint leaves abruptly after 18 months in role; shares fall
HONG KONG/LONDON: HSBC announced the shock departure of chief executive officer John Flint after just 18 months in the role, saying the bank needed a change at the top to address "a challenging ... ( read original story ...)
HSBC CEO Flint Exits in Surprise Move After Just 18 Months
The lender’s shares were down 1.5% at the lunch break in Hong Kong. HSBC makes most of its money oiling the wheels of trade between East and West, and the bank has faced repeated questions about ... ( read original story ...)
HSBC says CEO Flint steps down, pre-tax profit up 15.8 per cent
Flint's departure was revealed as HSBC said it was facing an ‘increasingly complex and challenging global environment.’ Hong Kong: HSBC on Monday said its Group Chief Executive John Flint had stepped ... ( read original story ...)
Hong Kong strike causes widespread disruption, exposes growing divide in city
HONG KONG — On Monday morning, Ken Kwok did not go into his job in airline operations. Neither did financial planner Rachel Wong. Ashley Yue put her popular Hong Kong food tours on hold for the day. ... ( read original story ...)
HSBC CEO Flint Exits in Surprise Move After Less Than Two Years
John Flint’s tenure running HSBC Holdings Plc has come to an abrupt end, with the bank announcing early Monday in Asia that the chief executive officer was stepping down. The surprise move was made to ... ( read original story ...)