Jack Ma’s Ant Group is seeking to raise at least $35 billion in its initial public offering after assessing early investor interest, people familiar with the matter said, putting the Chinese fintech ... ( read original story ...)
SCG Packaging Seeks to Raise Up to $1.27 Billion in Thai IPO
SCG Packaging Pcl, Thailand’s biggest packaging company, plans to raise as much as 39.5 billion baht ($1.27 billion) in the nation’s second-largest initial public offering this year.The unit of Siam ... ( read original story ...)
HSBC’s shares dive to lowest level since 1995 in HK
HSBC's share price in Hong Kong has fallen to its lowest level since 1995 amid allegations of money laundering. HSBC allowed fraudsters to transfer millions of dollars around the world even after it ... ( read original story ...)
HSBC HK shares drop to lowest since 1995, StanChart falls after ‘FinCEN’ leak
HSBC and Standard Chartered's Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags ... ( read original story ...)
HSBC Shares Decline to Lowest Since 1995 in Hong Kong
HSBC Holdings Plc slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts including a potential threat to its expansion plans in China. ( read original story ...)
HSBC shares sink to 25-year low in HK, StanChart sags over dirty money scandal
HSBC and Standard Chartered Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags ... ( read original story ...)
HSBC shares hit 25-year low on report of China ‘unreliable list’
Shares in banking giant HSBC plunged to a 25-year low Monday on fears it could be added to a Chinese list of firms deemed a threat to national security and following news it had been accused of ... ( read original story ...)
HSBC, StanChart Hong Kong shares fall after ‘FinCEN’ leak
HSBC HSBA.L and Standard Chartered's STAN.L Hong Kong shares fell on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite ... ( read original story ...)
UPDATE 1-HSBC HK shares drop to lowest since 1995, StanChart falls after ‘FinCEN’ leak
Falls follow reports on movements of allegedly illicit funds (Adds details from media reports, other bank names) ... ( read original story ...)
HSBC, StanChart shares tumble after ‘FinCEN’ leak
HSBC Holdings slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts, including political tension in Hong Kong, the fallout of the coronavirus pandemic ... ( read original story ...)
HSBC ‘ignored warnings on US$80mn suspect payments’
HSBC has been accused of allowing international payments to accounts at its Hong Kong office that were linked to a suspected Ponzi scheme, despite ... ( read original story ...)
More new stocks please! The IPO market is getting hotter
With the presidential election looming and uncertainty growing about what will happen to the stock market and economy after that, private companies are racing to make their debuts on Wall Street. ( read original story ...)
FinCEN Files: HSBC moved Ponzi scheme millions despite warning
Britain's biggest bank moved the money through its US business to HSBC accounts in Hong Kong in 2013 and 2014. Its role in the $80m (£62m) fraud is detailed in a leak of documents - banks' "suspicious ... ( read original story ...)
HSBC introduces dual currency transaction for debit cards
The new facility will offer cardholders greater flexibility and help them to carry out transactions with ease when travelling abroad ... ( read original story ...)