Tag: banking

HSBC , executives must be suffering from a sense of déjà vu. Britain’s Financial Conduct Authority on Friday fined the global bank 63.9 million pounds for deficiencies in its anti-money laundering ... ( read original story ...)

The UK Financial Conduct Authority (FCA) today (17th) announced that HSBC HOLDINGS (00005.HK) had been fined GBP63.95 million for failings in the anti-money laundering process, reported Reuters. Three ... ( read original story ...)

HSBC announced that it maintained the best lending rate intact at the current level of 5%. The last adjustment was dated back on 1 November 2019, when the rate was cut by 12.5 bps. Meanwhile, the bank ... ( read original story ...)

Hong Kong stocks slipped, heading for a weekly loss, after the US sanctioned more Chinese tech companies and added others to a blacklist for alleged human rights abuses in the far-west Xinjiang region ... ( read original story ...)

JD.Com Inc. (NASDAQ: JD), Tencent Holdings Inc. (OTC: TCEHY), Baidu Inc. (NASDAQ: BIDU), Li Auto Inc. (NASDAQ: LI) and ... ( read original story ...)

Hong Kong shares rose on Thursday after an upbeat economic outlook from the US Federal Reserve boosted global risk sentiment, while the healthcare sector jumped more than 3% to snap a four-day slump. ( read original story ...)

Hang Seng Index has declined 3.5 per cent so far this week as market struggles for traction on either rate-cut bets or risk from further US sanctions Tech stocks remain a drag to overall sentiment as ... ( read original story ...)

OneSpan released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. ( read original story ...)

And individual investors on the other hand have a 25% ownership in the company. In the chart below, we zoom in on the different ownership groups of BOC Hong Kong (Holdings). BOC Hong Kong (Holdings) ... ( read original story ...)

The Hong Kong stock market on Thursday wrote a finish to the four-day losing streak in which it had tumbled more than 840 points or 3.6 percent. The Hang Seng Index now rests just above the ... ( read original story ...)

The company, whose parent firm is state-owned coal miner Shandong Energy Group, will promote the development and construction of wind power and photovoltaic power, according to a filing to the Hong ... ( read original story ...)

The city’s targets for reducing emissions fall short of what is recommended to ensure global temperatures rise no more than 1.5 degrees Celsius, according to an NGO. ( read original story ...)

At closing bell, the benchmark Hang Seng Index declined 0.91%, or 215.19 points, to 23,420.76. The Hang Seng China Enterprises Index dropped 0.9%, or 75.70 points, to 8,342.91. ( read original story ...)

Hong Kong shares rose on Thursday after an upbeat economic outlook from the U.S. Federal Reserve boosted global risk sentiment, while the healthcare sector jumped more than 3% to snap a four-day slump ... ( read original story ...)