Tag: finance

Bank of America Corp. named Robert Chiu as Asia vice chairman of its investment banking business, adding to a string of recent hires in the city amid questions over its appeal as financial hub. ( read original story ...)

One of the fastest-growing fintech companies, Rapyd announced today that it has completed the acquisition of Neat. ( read original story ...)

HSBC, which has set itself the goal of net-zero carbon emissions in its loans portfolio by 2050, has joined a global programme to accelerate the development of green technologies with a US$100 million ... ( read original story ...)

HSBC HOLDINGS (00005.HK) announced that it had repurchased 3.7578 million shares of the company in the London market last Friday (28th), at a price ranging between GBP5.258 and GBP5.339 each, with a ... ( read original story ...)

Globally, $26.7 billion worth of IPOs have priced, marking a 60% drop from the same period a year earlier. Now, pulled deals are piling up under pressure from roiling markets ... ( read original story ...)

Pointing to volatility in the global economy, Financial Secretary Paul Chan says he has been ‘carefully judging these uncertain factors … while preparing the next year’s budget’. ( read original story ...)

Limited (OTCMKTS:BHKLY) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 2,800 shares, a growth of 250.0% from the December 31st ... ( read original story ...)

With MPF members investing one-third of their US$148 billion assets in Hong Kong and China stock funds, the rally of these markets are vital to their retirement savings. ( read original story ...)

Besides three Malaysian banks, several foreign banks too had provided unsecured loans to embattled cruise ship operator Genting Hong Kong, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. ( read original story ...)

The government's panic-driven effort to attain 'zero Covid' is straining our hospitals and driving businesses big and small to the point of collapse Hong Kong needs a serious cost-benefit analysis of ... ( read original story ...)

Hong Kong financial regulators have published new guidance for intermediaries looking to offer virtual asset-linked products like exchange-traded funds (ETF) to investors. According to a circular ... ( read original story ...)

Bank of East Asia Ltd. said it has agreed to buy all the shares held by U.S. activist hedge fund Elliott Management Corp. for the equivalent of about $373 million, ending its long-running battle with ... ( read original story ...)

Regulators want only professional investors to be exposed to spot exchange-traded products linked to virtual assets ... ( read original story ...)

Hong Kong's Bank of East Asia Ltd said on Friday it intends to buy back 8.43% of its total issued shares worth HK$2.904 billion ($372.65 million) owned by hedge fund Elliot Investment Management's ... ( read original story ...)