Tag: banking

The New York-based bank plans to scale up in what it sees as a more lucrative endeavor: serving the rising numbers of wealthy entrepreneurs and their businesses in Asia. ( read original story ...)

Hong Kong media tycoon Jimmy Lai was jailed for 14 months on Friday (Apr 16) along with four other veteran democracy activists for ... ( read original story ...)

Hong Kong media tycoon Jimmy Lai was jailed for 14 months on Friday along with four other veteran democracy activists for their roles in protests that helped trigger a sweeping crackdown on dissent by ... ( read original story ...)

Woman, 65, suffers largest single loss for this type of fraud in Hong Kong history, but the impact of the scam is said to barely dent the family’s wealth. ( read original story ...)

A Hong Kong court has sentenced five prominent pro-democracy activists in the city—media tycoon Jimmy Lai and four former lawmakers—to up to 18 months in prison for taking part in pro-democracy ... ( read original story ...)

Citigroup Inc will hire 300 new relationship managers in Hong Kong and plans to triple client numbers and double assets under management in its wealth management business in the Asian financial hub, ... ( read original story ...)

Media tycoon Jimmy Lai is among those sentenced for their role in a pro-democracy march in 2019. The defendants were found guilty this month of organizing and participating in unauthorized assemblies. ( read original story ...)

Hong Kong media tycoon Jimmy Lai was jailed for 12 months on Friday (Apr 16) over one of the city's biggest ever protests in 2019. ( read original story ...)

Hongkong Land announced today the signing of HK$6.85 billion in sustainability-linked loans, further building on its commitment to ... ( read original story ...)

Citigroup plans to hire up to 500 people in its wealth management business in Hong Kong as it focuses on "wealth centres" in Asia under new CEO Jane Fraser and significantly revamps its consumer ... ( read original story ...)

Citigroup on Thursday said it will exit its retail banking business in India and 12 other countries, choosing to deploy its capital and resources in investments that offer better returns and growth. ( read original story ...)

Citigroup (C) said Thursday it will exit its consumer-banking operations in 13 countries across Asia and parts of Europe to focus more on wealth management outside the U.S. Jane Fraser, who took over ... ( read original story ...)

Hong Kong's businesses are facing a "compounded new normal" as the city confronts challenges on multiple fronts, says Tara Joseph, president of the American Chamber of Commerce in Hong Kong. ( read original story ...)

Financial security is an integral component of national security, providing an important foundation for the steady and healthy development of China's economy. The prevention and control of financial ... ( read original story ...)