Hong Kong interbank rates jump ahead of Fed

The three-month Hong Kong Interbank Offered Rate (HIBOR) jumped 18.9 basis points (bps) to 3.89929%, its sharpest one-day leap in nearly two years. One-month HIBOR rose more than 14 bps to 3.55333%, ...

China will not rest until HSBC heads home

IF a bank can have a personality, then HSBC’s is split. There’s the head office in London’s Canary Wharf. And on the other side of the world, in Hong Kong, there is a tower known as “HSBC Main ...