HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd, to be the next chairman of Europe's biggest bank, sources with direct knowledge of the matter said on Sunday. Regulators in Hong Kong and London have signalled ... ( read original story ...)
HSBC unveils AIA boss as its next chairman
The appointment of Mr Tucker, a former boss of insurance giant Prudential who was also briefly the finance chief of ill-fated HBOS, was confirmed by HSBC shortly before the open of Hong Kong stock market trading late on Sunday night. The 59-year-old said ... ( read original story ...)
HSBC Names AIA Chief Mark Tucker As Chairman
HSBC (5.Hong Kong/HSBC) has named AIA Group‘s (1299.Hong Kong) CEO Mark Tucker as its next chairman. Tucker is set to begin his new role on October 1. Tucker is a good fit for HSBC, because HSBC’s business opportunities and focus are also in Asia ... ( read original story ...)
HSBC appoints insurer AIA's Tucker as chairman
HONG KONG Europe's biggest bank HSBC Holdings Plc (HSBA.L) on Monday said AIA Group Ltd (1299.HK) Chief Executive Mark Tucker had been appointed as its chairman, replacing Douglas Flint. Tucker would take over responsibility for identifying a successor to ... ( read original story ...)
Hong Kong National People’s Congress deputy refuses to tone down comments amid election threat
The Hong Kong deputy also told the Post that people close to the central government had asked him to support chief executive candidate Carrie Lam Cheng Yuet-ngor. “Judging from the backgrounds of those people, I don’t believe they were just ... ( read original story ...)
Former Hong Kong leader Tung Chee-hwa tells Beijing figures to back top job hopeful Lam after controversial hug
Tung on Saturday told a group of Hong Kong delegates to the Chinese People’s Political Consultative Conference in Beijing that Lam was the best candidate for the chief executive, according to two delegates who refused to be named. The former chief ... ( read original story ...)
Singapore, Hong Kong Property Marching in Opposite Directions
Whether you look at prices or policy, the property markets in Singapore and Hong Kong are marching resolutely in opposite directions. Singapore has eased some rules in its property market, after more than three years of home price declines. Hong Kong in ... ( read original story ...)
HSBC set to nominate AIA's Tucker as next chairman – sources
LONDON HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd , to be the next chairman of Europe's biggest bank, sources with direct knowledge of the matter said on Sunday. Regulators in Hong Kong and London have ... ( read original story ...)
Hong Kong start-up launches personalised bilingual books for children
Hong Kong May be a multilingual city, but finding ways to make language learning fun for kids can be a headache for parents. Local tech start-up TimTimTom.com has come to the rescue with a unique approach to children’s books that puts young readers at ... ( read original story ...)
Hong Kong Uber drivers defiant in the face of government crackdown
Uber Hong Kong’s general manager Kenneth She Chun-chi vowed yesterday the company would continue to fight for legal status in Hong Kong with its driving partners. “We’ll continue to push for our ride-sharing business and its legalisation. We hope all ... ( read original story ...)
Historic Hong Kong Red House may have just escaped the wrecking ball
Hong Kong’s historic Red House, widely thought to be a secret base for revolutionary and founding father of modern China Dr Sun Yat-sen, may have narrowly avoided the wrecking ball under its new owner. A Development Bureau spokesman said on Thursday that ... ( read original story ...)
Hong Kong stocks open higher, led by retail landlord Wharf
The Hang Seng Index added 0.4 per cent to 23,588 ... Local developer Sun Hung Kai Properties and Bank of China were the next biggest winners as trading got under way on the Hong Kong bourse Wharf’s gain also followed its announcement yesterday that ... ( read original story ...)
HSBC lines up former Prudential chief Tucker as next chairman
Mr Tucker would arrive at HSBC with an impressive pedigree in the Asian stronghold of the bank - founded more than 150 years ago as the Hongkong and Shanghai Banking Corporation. He joined AIA in 2010 following a failed $35bn takeover bid for the ... ( read original story ...)
Hong Kong airfares could soar if fuel surcharge proposal approved
Passengers could end up having to pay more for flights from Hong Kong as the city’s aviation regulator announced it is considering allowing airlines to set their own fuel surcharges. The Civil Aviation Department said on Friday it had began a 12-month ... ( read original story ...)