HSBC is considering cutting up to 20,000 jobs over the next few years as it accelerates its AI-driven restructuring and cost-cutting strategy ...
HSBC weighs deep job cuts as AI overhaul unfolds, Bloomberg News reports
March 19 (Reuters) - HSBC Holdings is weighing a wave of deep job cuts over the coming years that could ultimately impact around 20,000 roles, or about 10% of its total workforce, Bloomberg News ...
HSBC weighs 20,000 job cuts as AI reshapes operations, Bloomberg News reports
Non-client facing roles in global service centers are among those expected to be most impacted as the bank bets on AI, although the assessment is at an early stage, the report said ...
Hong Kong Premier League
The BOC Life Hong Kong Premier League is the top professional football competition in Hong Kong, with 10 teams taking part in the 2022-23 season.
Hong Kong securities watchdog urges stock exchange to tighten listing, compliance rules
The Securities and Futures Commission made several recommendations to improve the stock exchange's regulations Hong Kong's securities regulator on Wednesday recommended strengthening the stock ...
HSBC launches US$2.5 billion AT1 bond issue in Hong Kong after market standstill
Lender's AT1 bond sale is the first since Iran conflict froze the market, with Hong Kong's stability making it the natural venue: analyst HSBC Holdings plans to raise US$2.5 billion by issuing two ...
China’s new squeeze on offshore firms hits Hong Kong’s IPO revival: Yahoo HK is already shutting down
China’s move to discourage offshore-incorporated firms from listing in Hong Kong threatens the city’s IPO revival and raises fresh concerns over its future as a global financial hub ...
Advent strengthens its presence in Hong Kong to serve clients in the wider Asia Pacific region
Advent International, a leading global private equity investor, is proud to announce that it is strengthening its presence in Hong Kong as its regional hub to serve clients in Asia Pacific. This ...
Hong Kong regulatory scrutiny puts share sale boom at risk
Hong Kong's share sale boom is at risk due to intensifying regulatory scrutiny and stricter listing requirements. Read more at straitstimes.com. Read more at straitstimes.com.
China eyes Hong Kong IPO curbs
The pressure could dent Hong Kong’s IPO market, which had only recently revived momentum. Beijing has asserted more control over the city since a national security law took effe ...
HSBC’s Hong Kong Stablecoin Licence Ties Digital Tokens To Asia Growth
HSBC Holdings (LSE:HSBA) is set to become one of the first licensed stablecoin issuers in Hong Kong, alongside Standard Chartered. The approval would allow HSBC to issue regulated stablecoins within ...
Chinese banks outpace rivals in Hong Kong wealth growth on IPO boom, capital flows
Booming listings and rising outbound investment demand are accelerating growth for Chinese players, SFC data shows The wealth management businesses of Chinese investment banks in Hong Kong are growing ...
Hong Kong announces FY26-27 Budget, with 8.6% increase in capital expenditure
As per the estimates announced in the Budget, Hong Kong’s economy is expected to expand in the range of 2.5%-3.5% in 2026.
China restricts some overseas-incorporated firms from Hong Kong IPOs, sources say
March 17 (Reuters) - Beijing is restricting certain Chinese companies incorporated overseas from seeking initial public offerings in Hong Kong, requesting them to change their domicile back to China ...