(Reuters) -Chinese authorities nudged Swiss agrichemicals and seeds group Syngenta to withdraw its application for a long-delayed $9 billion IPO in Shanghai on concerns about the impact a sizeable new ...
HSBC’s chairman says Asia business spin-off ‘will not happen’
HONG KONG (Reuters) -HSBC Chairman Mark Tucker told the bank's shareholders in Hong Kong on Wednesday a spin-off of its Asian business will not happen. "There is no appetite amongst our shareholder ...
HSBC chairman says Asia business spinoff ‘will not happen’
HSBC chairman Mark Tucker told the bank’s shareholders in Hong Kong on Wednesday (Apr 3) that a spinoff of its Asian ...
HSBC chairman says spinoff of bank’s Asian business ‘will not happen’
HSBC Chairman Mark Tucker said on Wednesday that there is ‘no appetite amongst our shareholder base’ to vote for a spinoff ...
How HSBC volunteer has built lasting relationship with elderly widow after helping her get through hard times
Winky Kwok, an HSBC volunteer, still provides emotional support to passionate fabric-patchwork maker Ivy To after her ‘dream’ exhibition comes true.
Hong Kong Feb retail sales up 1.9% as tourism continues recovery
HONG KONG (Reuters) - Hong Kong's February retail sales rose 1.9% from a year earlier, helped by the continued recovery of handling capacity and revival in tourism, government data showed on Wednesday ...
Hong Kong stocks end lower
Hong Kong shares finished with big losses on Wednesday on growing worries that recent strong US data will keep the Federal Reserve from cutting rates as much as hoped this year. The Hang Seng Index ...
HSBC said to explore sale of some German units in further exit from Europe to focus on Asia
HSBC is exploring the sale of various business units in Germany, according to people familiar with the matter. This could add to its exits from Canada, France and Brazil in recent years.
Hong Kong stocks retreat as property and banking shares drop after US data dims rate cut view
Hong Kong stocks slipped amid a global risk-off sentiment after strong US economic data sparked a rise in bond yields and a paring back of interest rate cut hopes. This overshadowed upbeat data which ...
AI Enhanced Financial Crime and Deepfakes Becoming Major Problem for Banking Institutions, US Treasury Dept Warns
A recent report released by the US Treasury has called on banking institutions to enhance their risk management controls/frameworks.
Govt policies to aid banking sector, BOC says
The bank will continue to ramp up efforts in technology finance, green finance, inclusive finance, pension finance and digital finance, in a bid to accelerate the development of new quality productive ...
Hong Kong stocks slip as property and banking shares drop after US data dims rate cut view
HSBC lost 1.2 per cent to HK$61.15, Hang Seng Bank lost 1.1 per cent to HK$89.15 and Sun Hung Kai Properties declined 1.6 per cent to HK$75.35. Xiaomi lost 2.6 per cent to HK$15.86 after it gained 9 ...
Hongkonger in her 80s conned into buying 4 iTunes gift cards worth total of HK$3,000 in online romance scam
Victim fell victim to the scam after she developed online romantic relationship with swindler posing as Canadian engineer, police say.
VP Bank Names Hong Kong Wealth Head
Liechtenstein-based VP Bank has appointed an industry veteran as its new head of wealth management for Hong Kong.