HSBC Names John Flint as Chief Executive

Last year, HSBC, which was founded in 1865 in Hong Kong as the Hongkong and Shanghai Banking Corporation, decided to keep its headquarters in London after a lengthy review. In announcing its decision in February 2016, HSBC said that Asia remained “at the ... ( read original story ...)

HSBC Names Insider Flint for CEO as Tucker Follows Tradition

HSBC had drawn every one of its previous 21 top executives from its own ranks over its 152-year history, according to the bank’s records. Flint and other internal candidates had sought to persuade Tucker, the 59-year-old former CEO of Hong Kong-based ... ( read original story ...)

HSBC names insider and former HK hand John Flint as CEO

London-based HSBC Holdings (0005) today named a veteran insider, John Flint (pictured) as its chief executive from February 21. Flint succeeds Stuart Gulliver who is retiring. Between 1998 and 2004, Flint has served in various roles in global markets ... ( read original story ...)

Banking in Hong Kong? You Might Be Anywhere

Andy Mukherjee is a Bloomberg Gadfly columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News. Hong Kong is needlessly ... ( read original story ...)

HSBC tops Asiamoney’s New Silk Road Finance Awards

Helen Wong, Group General Manager of HSBC Group and Chief Executive for Greater China, The Hongkong and Shanghai Banking Corporation Limited, with the Best Overall International Bank for BRI award at Asiamoney Awards 2017 in Beijing, China, September 26. ( read original story ...)

China to issue first dollar bonds since 2004, in Hong Kong

China’s Ministry of Finance has revealed plans to sell US$2 billion worth of dollar-denominated sovereign bonds in Hong Kong, its first dollar bond offering ... said Wu Qiong, an analyst at BOC International. The ministry’s bond sale comes ahead ... ( read original story ...)

Trade balance still in deficit despite rise in exports

Meanwhile, double-digit growth in export receipts were recorded from trade partners in Asia such as Hong Kong (21.9 percent), Thailand ... financed modernization plan for the Bureau of Customs (BOC). This can boost BOC’s efficiency, effectiveness ... ( read original story ...)

Hong Kong stocks breach yet another 10-year high

Hong Kong equities slipped from last week’s record highs on Monday as investors chose to take profits. But share prices bounced back with strong momentum, provided by technology and property stocks. HSBC emerged as the biggest gainer of the day ... ( read original story ...)

Hong Kong Regulator Probes Financial Firms for Shoddy IPOs

HONG KONG—Hong Kong’s securities regulator is investigating 15 financial firms for what it called substandard work while arranging initial public offerings, a senior official said Wednesday. Thomas Atkinson, head of enforcement at Hong Kong’s ... ( read original story ...)

Hong Kong Investigating 15 Firms Over IPO Sponsor Work, SFC Says

The Securities and Futures Commission is investigating 15 financial firms that sponsored initial public offerings in Hong Kong, amid concern over “substandard” work, according to head of enforcement Tom Atkinson. Failure to verify critical information ... ( read original story ...)