Tag: banking

Britain's biggest lender and Asia-focused HSBC has set up a Chinese Communist Party (CCP) cadre in its China investment bank. The bank has become the ... ( read original story ...)

HSBC Holdings has appointed Antony Shaw to head up its Australian operations, according to a statement on Thursday. ( read original story ...)

HSBC has installed a Chinese Communist Party (CCP) committee for workers in its investment banking unit in the country amid escalating tensions between Beijing and the West. The bank's subsidiary HSBC ... ( read original story ...)

HSBC Holdings Plc (LON: HSBA) said employees had formed a branch of China's Communist Party (CCP) within its securities brokerage unit in the country, following media reports on Thursday. HSBC said ... ( read original story ...)

Investigation finds collusion between Henan New Wealth and staff at five lenders to skim off deposits. ( read original story ...)

HSBC’s move will pressure other foreign banks to follow suit and some have been examining whether they are required to do so after taking full ownership of their mainland securities and brokerage ... ( read original story ...)

HSBC Holdings Plc (LON: HSBA) has established a Chinese Communist party committee (CCP) within its securities brokerage unit in the country, Financial Times reported on Thursday, citing two people ... ( read original story ...)

Investors in ByteDance are getting more optimistic that one of the world’s most highly valued private companies can move toward an initial public offering, a development that comes after years of ... ( read original story ...)

Hong Kong's de facto central bank will formally cut out law firms as the middlemen in the transfer of residential mortgage payments, as it establishes a pilot plan to make remittances easier, faster ... ( read original story ...)

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.2523 million shares in London and Hong Kong yesterday (19th), involving a total of approximately HKD159 million. HSBC ... ( read original story ...)

Asian equities posted mixed results on light volumes as summer doldrums kicked in. The WSJ reported that “according to people familiar with the issue,” Didi will be fined $1B, ending its investigation ... ( read original story ...)

Regulatory issues, the slumping housing market, a recessionary storm, and a potential Asian financial crisis are all on the horizon. ( read original story ...)

The People's Bank of China (PBOC), the Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) on July 4 jointly announced a new mutual access program between the ... ( read original story ...)

DBS Hong Kong received four best bank awards for the first time, namely 'Hong Kong's Best Bank' from Euromoney's Awards for Excellence 2022, 'Hong Kong's Best International Bank' from Asiamoney's Best ... ( read original story ...)