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 ...)
Hong Kong Media Tycoon Jim Lai And Four Former Lawmakers Handed Jail Terms For Pro-Democracy Protests
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 ...)
Citi on Hong Kong hiring spree in effort to triple client numbers
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 ...)
Hong Kong: Pro-democracy activists jailed for illegal assembly
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 jailed for 12 months for illegal assembly
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 Invests in Sustainability, as the Group Signs HK$6.85 Billion Sustainability-Linked Loans
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 to hire up to 500 people for Hong Kong wealth management as it trims consumer banking in 13 Europe, Asia markets
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 to exit consumer banking business in India
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 To Exit Most Of Its Asian Consumer-banking Operations
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 face new reality amid growing challenges: AmCham
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 ...)
As China’s gateway to global capital, Hong Kong has a key role in safeguarding financial stability and national security
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 ...)
Citi to Exit Retail Banking in 13 Markets Across Asia, Europe
Asia and the Europe, Middle East and Africa region. The bank will instead operate its consumer-banking franchise in both regions from four wealth centers in Singapore, Hong Kong, the United Arab ... ( read original story ...)
Citi to exit retail banking in India, China
Citigroup announced it will exit 13 international consumer banking markets, shifting its focus to wealth management and away from retail banking in places where it is small.Citigroup will focus its gl ... ( read original story ...)
Citigroup Trims Global Consumer Banking Profile As Earnings Jump
Citigroup announced on Thursday it will exit 13 international consumer banking markets as it joined other large banks in reporting blowout earnings amid a strengthening US economy. As with other large ... ( read original story ...)