Citigroup plans to hire up to 500 people in its wealth management business in Hong Kong as it focuses on "wealth centres" in Asia under new CEO Jane Fraser and significantly revamps its consumer ... ( read original story ...)
Citigroup to exit consumer banking business in India
Citigroup on Thursday said it will exit its retail banking business in India and 12 other countries, choosing to deploy its capital and resources in investments that offer better returns and growth. ( read original story ...)
Citigroup To Exit Most Of Its Asian Consumer-banking Operations
Citigroup (C) said Thursday it will exit its consumer-banking operations in 13 countries across Asia and parts of Europe to focus more on wealth management outside the U.S. Jane Fraser, who took over ... ( read original story ...)
Hong Kong pro-democracy figures to be sentenced amid crackdown on dissent
Veteran activists and politicians including Jimmy Lai and Martin Lee were prosecuted over their roles in widespread protests that gripped the city in 2019 ... ( read original story ...)
Hong Kong businesses are ‘rethinking’ risks as new challenges arise, says Amcham president
The Covid-19 crisis, the national security law and troubled U.S.-China trade relations are among the top concerns for companies in Hong Kong, says Amcham. ( read original story ...)
Hong Kong rugby players turn to food delivery business to support dog shelters
Two Hong Kong Football Club rugby players start a dog food delivery business, donating all of Catherine’s Puppies needs and expanding to more shelters. ( read original story ...)
7 Hong Kong democracy leaders to be sentenced amid crackdown
Seven of Hong Kong’s leading pro-democracy advocates, including 82-year-old veteran activist Martin Lee and pro-democracy media tycoon Jimmy Lai, are expected to be ... ( read original story ...)
Hong Kong marks National Security Education Day with goose-stepping police and souvenirs
Riot police, heavily armored, their faces concealed behind masks, holding signs reading "Disperse or We Fire" and "Warning, Tear Smoke." ... ( read original story ...)
Hong Kong’s businesses face new reality amid growing challenges: AmCham
Hong Kong's businesses are facing a "compounded new normal" as the city confronts challenges on multiple fronts, says Tara Joseph, president of the American Chamber of Commerce in Hong Kong. ( read original story ...)
As China’s gateway to global capital, Hong Kong has a key role in safeguarding financial stability and national security
Financial security is an integral component of national security, providing an important foundation for the steady and healthy development of China's economy. The prevention and control of financial ... ( read original story ...)
Hong Kong Stock Market Tipped To Bounce Higher On Friday
The Hong Kong stock market on Thursday halted the two-day winning streak in which it had jumped almost 450 points or 1.7 percent. The ... ( read original story ...)
Hong Kong tycoon Jimmy Lai, others to be sentenced for illegal assembly
Hong Kong media tycoon Jimmy Lai and nine other pro-democracy activists are expected to be sentenced on Friday after they were found guilty of participating in unauthorised assemblies during ... ( read original story ...)
Citi to Exit Retail Banking in 13 Markets Across Asia, Europe
Asia and the Europe, Middle East and Africa region. The bank will instead operate its consumer-banking franchise in both regions from four wealth centers in Singapore, Hong Kong, the United Arab ... ( read original story ...)
Citi to exit retail banking in India, China
Citigroup announced it will exit 13 international consumer banking markets, shifting its focus to wealth management and away from retail banking in places where it is small.Citigroup will focus its gl ... ( read original story ...)