Today: September 22, 2024
Today: September 22, 2024

Latest From Selena Li

Asia|Business|Economy|Finance

Hong Kong bourse logs first profit rise in three quarters, IPOs pick up

Hong Kong's bourse has booked its first profit increase in three quarters, marking record revenue and income for an April-June period as new listings and trading

Hong Kong bourse logs first profit rise in three quarters, IPOs pick up
Business|Finance

StanChart unveils record $1.5 billion buyback, boosts income outlook

Standard Chartered (StanChart) announced a $1.5 billion share buyback, its biggest ever, and lifted its income outlook for 2024, betting on

StanChart unveils record $1.5 billion buyback, boosts income outlook
Asia|Business|Economy|Finance

StanChart-linked China Bohai seeks to dispose of $4 billion in bad loans

China Bohai Bank said on Monday it is looking to sell 29 billion yuan ($3.99 billion) worth of non performing loans as the faltering Chinese economy and

StanChart-linked China Bohai seeks to dispose of $4 billion in bad loans
Business|Economy

Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head

Goldman Sachs has appointed Sudarshan Ramakrishnan and Devarajan Nambakam as co-heads of investment banking in India, the latest Wall Street bank to bolster its

Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head
Business

JPMorgan picks HSBC, StanChart to run $500 billion custody business in Hong Kong, Taiwan

JPMorgan Chase has selected HSBC and Standard Chartered to operate its custody businesses in Hong Kong and Taiwan, with assets worth more than $500 billion, a

JPMorgan picks HSBC, StanChart to run $500 billion custody business in Hong Kong, Taiwan
Business

BlackRock appoints Hua Fan as head of China, succeeding Tony Tang -sources

BlackRock Inc has appointed Hua Fan, formerly general manager of its majority-owned China asset management unit, as head of China, two sources with knowledge of the

BlackRock appoints Hua Fan as head of China, succeeding Tony Tang -sources
Business

Citi targets China investment bank unit launch, 30 new hires by end 2024-source

Citigroup Inc is aiming to launch its wholly owned China investment banking unit as early as the end of this year and hire about 30 people for the business, a person

Citi targets China investment bank unit launch, 30 new hires by end 2024-source
Business|Economy

China's CITIC cuts CLSA offshore banker base pay by up to 30%, sources say

China's CITIC Securities is cutting the base salary of more than 100 bankers at its offshore platform CLSA amid a drop in deal making and pressure to narrow the pay

China's CITIC cuts CLSA offshore banker base pay by up to 30%, sources say
Economy

China allows more foreign banks to play lead role in debt underwriting

China has granted six foreign banks licences allowing them to act as lead underwriters for debt issues in China, as it admits more foreign players into the country's

China allows more foreign banks to play lead role in debt underwriting
Business|Economy|Technology

Hong Kong allows China's digital yuan to be used in local shops

Hong Kong will allow mainland China's pilot digital currency to be used in shops in the city, the head of its de facto central bank said on Friday, marking a step

Hong Kong allows China's digital yuan to be used in local shops
Business|Economy|News

JPMorgan China names new heads of China securities unit

JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm, replacing former chair Park Pu, according to a company memo reviewed by Reuters

JPMorgan China names new heads of China securities unit
Business|News|World

Hong Kong bourse operator's Q1 profit drops on weaker listings, trading

Hong Kong's bourse operator reported a 13% drop in first-quarter profit on Wednesday, as sluggish trading and muted listing activities weighed on its businesses.

Hong Kong bourse operator's Q1 profit drops on weaker listings, trading

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