Tag: banking

Kolkata, July 20 (IANS) State-run lender Allahabad Bank on Friday said it proposes to close its branch in Hong Kong as a part of rationalisation of overseas operations. Incidentally, the Hong Kong Mon... ( read original story ...)

State-owned Allahabad Bank today said it proposes to close its only foreign branch in Hong Kong as part of rationalisation of its overseas operations. State-owned Allahabad Bank today said it proposes ... ( read original story ...)

NEW DELHI: State-owned Allahabad Bank on Friday said it proposes to close its only foreign branch in Hong Kong as part of rationalisation of its overseas operations. In compliance with the government' ... ( read original story ...)

A former Bank of Communications staffer who pleaded guilty to a count of fraud at the District Court today has been sentenced to 21 months of imprisonment. Wong Wai-po, 29, was accused of stealing 200... ( read original story ...)

Hong Kong shares fell slightly on Wednesday, with risk appetite curbed by renewed yuan weakness. The Hang Seng index fell 0.2 percent, to 28,117.42, while the China Enterprises Index lost 0.1 percent, ... ( read original story ...)

Hong Kong’s Securities and Futures Commission has fined HSBC Broking Securities (Asia) HK$9.6 million (US$1.22 million) for misconduct in the firm’s sale of bonds in 2015 and 2016. The securities arm ... ( read original story ...)

Hong Kong , long a global leader in banking and finance, is bracing for the arrival of so-called virtual banks — financial institutions without physical branches where all transactions are online. Aut... ( read original story ...)

HONG KONG (Reuters) - A senior banker at UBS Group AG (UBSG.S) is appealing against Hong Kong regulatory sanctions for his role in the 2009 initial public offering (IPO) of timber company China Forest... ( read original story ...)

DBS Hong Kong’s rebrand campaign “Live more, Bank less” has kicked off to showcase simple banking and promote the brand with a series of activities including free ferry rides in August. The campaign a... ( read original story ...)

positives, but a sharp China growth slowdown would be a challenge. Hong Kong’s Hang Seng index lost 357.98 points or 1.25 percent to close at 28,181.68. Overall, the bias in prices is: Downwards. Note ... ( read original story ...)

A successful offering in Hong Kong would make STX the first U.S. entertainment company to be listed in the Asian financial center. STX Entertainment's long-planned Hong Kong IPO could come as soon as ... ( read original story ...)

HONG KONG (Reuters) - Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion, ahead of its expected initial public of... ( read original story ...)

STX Productions LLC, the Hollywood studio behind Jackie Chan’s The Foreigner, could go public in Hong Kong as early as August, according to the chief executive of one of its biggest investors, becomin... ( read original story ...)

Now, with the first half of 2018 already in the past, is an excellent time to assess the Hong Kong IPO market. There was some speculation that Hong Kong was about to go through some tough times. This ... ( read original story ...)