They planned to speak about how the result of the case could affect Hong Kong’s competitiveness and ability to hire global talent. The institutions include: ABN AMRO Bank, AIG Insurance Hong Kong, Australia and New Zealand Banking Group, the Bank of New ... ( read original story ...)
Hang Seng Bank CEO Rose Lee will retire in July
Hang Seng Bank vice-chairman and chief executive Rose Lee Wai-mun, 64, will retire from July after serving at the lender for five years, the bank announced on Thursday. She will be replaced by Louisa Cheang, who has served as group general manager and ... ( read original story ...)
Hong Kong stocks rise, aided by solid China trade data
SHANGHAI, June 8 Hong Kong's benchmark Hang Seng Index climbed to another 23-month closing high ... any surprises from Thursday's UK general elections, the European Central Bank's policy meeting and congressional testimony from ex-FBI director James ... ( read original story ...)
The big future threat to Hong Kong investment banking jobs
More investment banking jobs could eventually move from Hong Kong to China, if global banks such as J.P. Morgan gain greater control over their mainland joint-venture operations, experts warn. J.P. Morgan is working with Chinese regulators to develop a new ... ( read original story ...)
Dirty fighting in some of Hong Kong’s wealthiest families may undo value of kinship
“I feel a little bit sorry for HSBC,” said John Ashwood, Hong Kong managing director at Zedra, a trust services specialist. “What’s going on has nothing to do with the working of the trust but rather a dispute within the Lo family.” The Lo clan ... ( read original story ...)
Finance giants step in to Hong Kong gay court battle
Major international finance institutions in Hong Kong made a landmark intervention Wednesday in the case of a gay couple struggling to get their rights recognised by the city's courts. The 12 businesses -- including Morgan Stanley, Goldman Sachs and Credit ... ( read original story ...)
WuXi Won’t Make Hong Kong IPOs Hot
Nisha Gopalan is a Bloomberg Gadfly columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. The words hot and Hong Kong IPO haven't been seen in the same sentence for quite some time. ( read original story ...)