Tag: banking

The Hongkong and Shanghai Banking Corporation Ltd (HSBC) has appointed Rajnish Kumar as an Independent Non-Executive Director on the board of its Asian entity. ( read original story ...)

China's banking and insurance regulator on Monday said it was fining PICC Property and Casualty Co Ltd due to a violation of the insurance law.The non-life insurer was fined 500,000 yuan (US$77,000), ... ( read original story ...)

Bank of China Ltd (BoC) (601988.SS), the country's fourth-largest lender by assets, posted a 11.8% increase in first-half net profit on Monday, the biggest jump since 2013 as business activity ... ( read original story ...)

Rajnishs depth and breadth of experience across Indias financial industry will be an invaluable addition to the Board of the Groups flagship Asian entity as HSBC directs its focus towards the region. ( read original story ...)

Rajnish Kumar will also be a member of the Audit Committee and Risk Committee of HSBC's Asian entity, which includes the Indian operations of the bank. ( read original story ...)

Rajnish’s depth and breadth of experience across India’s financial industry will be an invaluable addition," said Peter Wong, Chairman of the Board of HSBC ... ( read original story ...)

Axis Bank's proposed AT1 capital securitiesRead the full article at Moody's ... ( read original story ...)

By the end of June, 2021 Sun Tak’s bank borrowings outstanding at the period end amounted to HK$18.3 billion. Including subsidiaries but excluding joint ventures and associates, employed approximately ... ( read original story ...)

IBS Intelligence is a leading global FinTech News & Research firm. Get ✅ Latest Digital Banking & Financial Technology News, ✅ Research & ✅ Market Insights. ( read original story ...)

Chinese milk tea chain Gu Ming is considering a Hong Kong initial public offering as soon as next year, according to people familiar with the matter.The Sequoia Capital China-backed company, known as ... ( read original story ...)

Investment banking developments in China & Hong Kong have expanded exponentially in recent times, as the world's second largest economy has opened up its financial markets. One of those looking to ... ( read original story ...)

Opening bank accounts through one’s smartphone allowed Overseas Filipino Bank to grow its depositor base, as digital banking looks to gain ground nationwide. ( read original story ...)

Hong Kong stocks were barely moved at the start of business Monday morning as investors struggled to follow up a record close on Wall Street that came after Federal Reserve boss Jerome Powell ... ( read original story ...)

Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said on Sunday that Hong Kong needs to have its own strategic planning for formulating new development ... ( read original story ...)