Tag: banking

India has submitted a request to Hong Kong authorities for provisional arrest of Nirav Modi, wanted in connection with the Punjab National Bank (PNB) fraud, the Ministry of External Affairs said on Thursday. “The ministry has sought the provisional ... ( read original story ...)

Hong Kong’s most expensive office building may be becoming too expensive for one of its top tenants. Global investment bank Goldman Sachs is set to move out of The Center, a 73-storey tower in the city’s Central district that sold for a record HK$40.2 ... ( read original story ...)

Modi and Choksi had fled the country after the alleged bank fraud came to light. NEW DELHI: The Ministry of External Affairs has submitted a request to Hong Kong authorities for provisional arrest of Nirav Modi, wanted in connection with PNB loan fraud ... ( read original story ...)

Hong Kong’s Hang Seng Index had erased early gains and fallen below the ... uncertainty is still weighing on sentiment. Bank of China slipped 0.2 per cent to HK$4.21. The lender was set to announce full-year results for 2017 later in the day. ( read original story ...)

Hong Kong stocks reversed early losses to end higher on Tuesday ... defensive sectors amid fears about an escalating trade war between the US and China. The Hang Seng Index dropped as much as 1.1 per cent in morning trade, after the US stocks tanked ... ( read original story ...)

PwC expects 4-6 percent growth in the city’s retail sales this year. Hang Seng Bank estimates 4 percent. The Hong Kong Retail Management Association, which forecast 3-4 percent growth in retail sales this year, said luxury goods, cosmetic and home ... ( read original story ...)

Watch live coverage of the HSBC Sevens World Series in Hong Kong beginning on Friday, April 6 at 6 a.m. ET. Watch live coverage of the HSBC World Rugby Sevens Series from Hong Kong beginning on Friday at 6 a.m. ET. as the tournament opens with Argentina vs. ( read original story ...)

An escalating US-China trade dispute could be bad news for the initial public share offering ambitions of Hong Kong and mainland Chinese exchanges as companies would be less willing to consider a listing if the markets became volatile, according to ... ( read original story ...)

As 40 teams descend on Hong Kong to contest three tournaments across four days of sevens action, series sponsors HSBC are gearing up to launch their inaugural Community Day aimed at opening up rugby to more people than ever before. The inaugural HSBC ... ( read original story ...)

As 40 teams descend on Hong Kong to contest three tournaments across four days of sevens action, series sponsors HSBC are gearing up to launch their inaugural Community Day aimed at inspiring future players and coaches of the game. The inaugural ... ( read original story ...)

It is nothing new for banks in Hong Kong to offer staff mortgages at a below the market interest rate to assist employees to buy property. With the raging property prices, this benefit has never been more significant to banking employees. A friend of mine ... ( read original story ...)

The following slide deck was published by BOC Hong Kong (Holdings) Ltd. ADR in conjunction with their 2017 Q4 earnings call. 123 Click to enlarge Notes: ( read original story ...)

https://news.efinancialcareers.com/sg-en/273891/candidate-mistakes-asian-banking/ In tightly-knit financial centres like Hong Kong and Singapore it’s common enough for recruiters to meet candidates for causal chats over coffee, even if they can’t offer ... ( read original story ...)

A new report published by Key Market Insights on “Retail Banking Country Snapshot: Hong Kong 2016”. This reports focus on recent developments in Healthcare Predictive Analytics Industry with its type, end-users/application, regional forecast and ... ( read original story ...)