Abrdn is in advanced talks with Citic Bank to launch an asset management joint venture in China, two people with knowledge of ...
In terms of monetary policy, the People's Bank of China, the central bank, has said that it will implement a "moderately ...
It was a day of mixed fortunes by sector in the domestic stock market. While the shipbuilding, machinery, and power equipment ...
Judge Adam B. Abelson wrote that orders by President Trump targeting diversity, equity and inclusion programs violated ...
The Pentagon said it would fire 5,400 civilian probationary workers beginning next week, and officials say a wave of much ...
Barclays is to return at least £10 billion to shareholders over the next three years as part of plans unveiled by boss C.S. Venkatakrishnan today. The dividend and buyback pledge came as the banking ...
HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly on ...
Hong Kong-based Hang Seng Bank said on Wednesday Edward Cheng, chief of Wing Tai Properties, will succeed Irene Lee as the chairman of the board.
In September, Bank of China (Hong Kong) and Standard Chartered launched similar plans after HSBC, he said. Since then, however, the Hong Kong Monetary Authority cut base rates by a cumulative half ...
In a report released on February 14, Jemmy S. Huang from J.P. Morgan maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research ...
Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...