Tag: banking

Buyang International is making a fifth attempt to list in Hong Kong, hoping to raise funds for a major new expansion that will double its capacity The company churns out a majority of its revenue from ... ( read original story ...)

The Hong Kong Hang Seng Index opened higher Wednesday, wobbled, but still finished up 1% as traders weighed prospects for less tightening by major global central banks, including the US Federal ... ( read original story ...)

China stocks recovered on Wednesday, as signs of the U.S. Federal Reserve slowing its aggressive interest rate hikes and Beijing's supportive tone on the market boosted sentiment. ( read original story ...)

LONDON/SINGAPORE: Georges Elhedery's appointment as HSBC's chief financial officer caps a journey that's taken him from war-torn Lebanon to frontrunner for the top job at Europe's biggest bank. It’s ... ( read original story ...)

The bank delivered some ugly surprises, and bad headlines continue to plague the UK and China, two of its most important markets. ( read original story ...)

HSBC , boss Noel Quinn is getting rid of a cost-cutting finance chief, Ewen Stevenson, while his skills are still in need. To avoid spooking investors, new broom Georges Elhedery will have to wield ... ( read original story ...)

Net profit fell to US$1.9 billion, compared with US$3.5 billion in last year's third quarter; better than analysts' expectations Ewen Stevenson to step down as chief financial officer at end of the ... ( read original story ...)

The change came as HSBC reported profits slid 42% in the third quarter, hit by rising loan losses as well as charges from the sale of its French business. ( read original story ...)

Spread betting companies are calling London’s blue chip index up by around 11 points but shares in HSBC have fallen around 2.6% in Hong ... ( read original story ...)

HSBC's Q3 earnings report revealed robust core operational results, despite 2022's bear market. See why we assign a significant risk premium to the stock. ( read original story ...)

Authorities say huge amount of money handled through suspects' bank accounts incommensurate with their backgrounds and financial status Officials investigating if the haul of precious metal, mostly ... ( read original story ...)

We are excited to announce the launch of the 2022 Global Bank Review: Banking on People. Surveying the current landscape of the financial sector in late 2022, it is hard to avoid the sense of an ... ( read original story ...)

As pandemic restrictions lift, indoor performances and dancing are back in Hong Kong. So is the finance world’s old boys club.Most Read from BloombergAdidas Cuts Ties With Ye, Absorbing €250 Million ... ( read original story ...)

What HSBC boss Noel Quinn sees as opportunities are, for others, good reasons not to invest in his sprawling bank. It’s what comes with running an amorphous political football with a near-$3 trillion ... ( read original story ...)