SYDNEY/HONG KONG (Reuters) - Whole teams in Deutsche Bank’s (DBKGn.DE) Asian operations were told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of ... ( read original story ...)
Deutsche Bank axes whole teams in Asia-Pacific as 18,000 global job cuts begin
SYDNEY/HONG KONG — Deutsche Bank AG eliminated whole teams at its Asian operations on Monday, as the German lender began axing 18,000 jobs globally in one of the biggest overhauls at an ... ( read original story ...)
Budweiser Calls Time on a Hong Kong IPO Custom
(Bloomberg Opinion) -- The world’s biggest brewer may be calling time on a long-established practice in Hong Kong’s stock market. The Asian unit of Anheuser-Busch InBev NV is aiming to raise ... ( read original story ...)
World Cup, Hong Kong, Deutsche Bank: Your Monday Briefing
(Want to get this briefing by email? Here’s the sign-up.) Good morning. We’re glad to be back. Iran said that it would soon breach the uranium enrichment limits set out in the 2015 international ... ( read original story ...)
Deutsche Bank Planning to Close Most Asia Equity Businesses
Asia has been one of the bright spots for equity issuance revenue for Deutsche Bank. Some employees at the bank’s offices in Hong Kong there have already begun packing their belongings, the person ... ( read original story ...)
At HK$3.28, Is Bank of China Limited (HKG:3988) Worth Looking At Closely?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Let's talk about the popular Bank of China Limited (HKG:3988). ... ( read original story ...)
Hong Kong borrowing costs hit 2-year high ahead of busy IPO season
Hong Kong’s dollar has strengthened against its US counterpart to its highest level in two years, bolstered by a dovish US Federal Reserve and a spike in the cost of short-term lending. Hong Kong’s ... ( read original story ...)
Hong Kong Monetary Authority Comments on BIS Innovation Hub Launch
The Hong Kong Monetary Authority (HKMA) has issued a statement on the launch off the Bank for International Settlements (BIS) Innovation Hub opening in Hong Kong. BIS announced on June 30th its intent ... ( read original story ...)
Hong Kong rates hit 2008 highs, HK$ rallies before jumbo InBev IPO
HONG KONG (Reuters) - The Hong Kong Interbank Offered Rate (HIBOR) rose across the curve on Thursday, with investors scrambling for cash ahead of the world’s biggest initial public offering of the ... ( read original story ...)
Hong Kong rates climb to 2008 highs, dollar jumps before jumbo IPO
The Hong Kong Interbank Offered Rate (Hibor) rose across the curve on Thursday, with investors scrambling for cash ahead of the world’s biggest initial public offering of the year at a time of tight ... ( read original story ...)
Hong Kong dollar touches two-year high
Lending costs have risen as upcoming corporate dividend payments and expected initial public offerings tighten liquidity in the banking system. A slow start to the year for new listings on Hong Kong’s ... ( read original story ...)
The Hong Kong Dollar Is On a Tear, Climbing to Two-Year High
“Hong Kong dollar movement comes with liquidity tightness,” said Frances Cheung, head of Asia macro strategy at Westpac Banking Corp. The liquidity situation will persist until after the second large ... ( read original story ...)
HSBC forum hears the Greater Bay Area is poised to deliver new business
There are excellent opportunities for Hong Kong companies in the Guangdong-Hong Kong-Macao Greater Bay Area, HSBC Greater China Chief Executive Helen Wong Pik-kuen said during a seminar on May 30. ... ( read original story ...)
The BOC Hong Kong (Holdings) (HKG:2388) Share Price Is Up 35% And Shareholders Are Holding On
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! BOC Hong Kong (Holdings) Limited (HKG:2388) shareholders might be ... ( read original story ...)