Hong Kong banking
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CDB Aviation Signs Facility Agreement for $530 Million Unsecured Syndicated Term Loan
DUBLIN, May 10, 2022–(BUSINESS WIRE)–CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), today announced the signing of a ... -
Financial intelligence agency sheds light on criminal risks of underground banking
Canada’s Financial Intelligence Agency warns that money-transfer services are ripe for abuse by criminals who attempt to launder money and finance terrorist activities. In a new ... -
Lam resigns as fractured Hong Kong faces more uncertainty | Political news
When Carrie Lam became chief executive of Hong Kong in 2017, she promised to heal a society divided by the Umbrella Protests of three years before. ... -
Boris Collardi: The Return of the Prodigal Son
Without the colorful banker Boris Collardi, the Swiss banking sector was poorer by a controversial figure. But now the prodigal son is back. After about eight ... -
Former Sbi Chairman Rajnish Kumar Joins Indifi Technologies as Advisor
Indifi Technologies has announced the appointment of Rajnish Kumar, former Chairman of State Bank of India (SBI), as an advisor. In this role, Kumar will engage ... -
HSBC looks like a cheap way to invest in Asia – should you buy?
As it retreated from the markets of the Americas and Europe, HSBC (LSE: HSBA) officially dropped its slogan “the local bank of the world” in 2016. ... -
Britain’s biggest banks raise interest rate profits as earnings season kicks off
Sunday, April 24, 2022 11:47 a.m. A higher interest rate environment benefits banks because it tends to widen their net interest rate margin – the difference ... -
You can insure yourself with the banks from this year
Bancassurance, the distribution of insurance products through banking channels, is expected to be introduced by the end of this year, with the central bank set to ... -
Explanation: China UnionPay, the potential support of payments from Russia
UnionPay cards are displayed with a Russian flag in this illustration photo taken March 7, 2022. REUTERS/Florence Lo/Illustration Join now for FREE unlimited access to Reuters.com ... -
Royal Bank of Canada (NYSE:RY) vs Hang Seng Bank (OTCMKTS:HSNGY) Financial Survey
Royal Bank of Canada (NYSE:RY – Get Rating) and Hang Seng Bank (OTCMKTS:HSNGY – Get Rating) are both large-cap finance companies, but which stock is superior? ... -
Comparison between Orange County Bancorp (NASDAQ:OBT) and China Merchants Bank (OTCMKTS:CIHKY)
Orange County Bancorp (NASDAQ:OBT – Get Rating) and China Merchants Bank (OTCMKTS:CIHKY – Get Rating) are both finance companies, but which company is better? We’ll compare ... -
ClimateCoin Announces Javier Manzanares of the Green Climate Fund as New Co-CEO
In addition to running ClimateCoin, Manzanares is also a member of the ClimateTrade advisory board. He comes to ClimateCoin from the Green Climate Fund where he ... -
Axis will not change salary structures for staff joining Citi
Bombay : Citibank staff who choose to join Axis Bank will benefit from compensation structures similar to what they currently have, while some have had the ... -
i2c partners with PingPong to boost the B2B Mastercard credit offer
i2c partners with PingPong to boost the B2B Mastercard credit offer By Leandra Monteiro Today China Credit card Cross-border e-commerce i2c Inc., a leading provider of ... -
Sensex falls 566 points, Nifty loses 149 points on profit taking in banking and IT stocks
The benchmark BSE Sensex index fell 566 points to settle below the 60,000 level on Wednesday, led by strong selling in banking and IT stocks amid ... -
WB provides $250 million in budget support
The World Bank has granted $250 million in financing to Bangladesh in the form of budget support after the country decided to introduce fiscal and financial ... -
Hong Kong faces potential interest rate shock, warns Nomura
April 1, 2022 Hong Kong’s currency peg means home buyers could face rapidly rising interest rates, due to its linked currency system and upcoming U.S. rate ... -
Macau banks prepare alliance with Portuguese-speaking banks
The Macau Banking Association (ABM) wants to create an alliance with banks in Portuguese-speaking countries, ABM Vice President Sam Tou told Lusa. ABM’s new management decided ... -
The Finnish Financial Supervisory Authority has approved a
EVLI BANK PLC STOCK EXCHANGE RELEASE ON MARCH 25, 2022 AT 1:00 PM. (EET/EEST) NOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR ... -
Fifth Wave of COVID-19 in Hong Kong: Importance of Vigilance and Taking Proactive Mitigation Measures Against Cybercrime
The fifth wave of COVID-19 in Hong Kong continues to pose unprecedented challenges to the Hong Kong community; many organizations have reverted to their work-from-home policy, ... -
Miners lead gains as war and rate hikes rattle nerves
Men wearing protective face masks walk under an electronic board showing Nikkei Japan’s average share inside a conference room, amid the coronavirus disease (COVID-19) pandemic, in ... -
hong kong: Hong Kong to exclude large companies “unaffected by the fifth wave of Covid” from the wage subsidy program
HONG KONG: Hong Kong Chief Executive Carrie Lam has announced that the country will exclude major supermarket and drugstore chains, as well as other businesses, from ... -
Hong Kong developer rushes with £96m theft for Vauxhall Square site
Wednesday, March 16, 2022 1:11 p.m. (Photo by Dan Mullan/Getty Images) Vauxhall Square in London has been sold by a Chinese developer for £96million, a 42% ... -
Dollar slides as traders watch Fed and Russia-Ukraine talks
The dollar index fell 0.056% to 98.96, not far from the 99.415 hit a week ago, the greenback’s highest level since May 2020. Tentative hopes for ... -
BB asks banks to stop SWIFT payments with Russian entities and calls for caution on LCs
Bangladesh Bank has asked all scheduled banks to be cautious about opening Letters of Credit (LC) and to stop transactions through the SWIFT system with Russian ... -
Pre-market equities: risk of a U.S. recession of up to 35%, according to Goldman Sachs
What’s happening: Goldman Sachs has lowered its forecast for U.S. economic growth in 2022. It now sees little to no growth in the first three months ... -
Hong Kong’s Covid crackdown empties stores and triggers exodus
HONG KONG — As the Hong Kong government scrambles to contain the city’s worst Covid outbreak, some residents have panicked. They emptied the supermarket shelves of ... -
Three in a Row – Victims’ Tool to Recover Cyber Fraud Funds Confirmed in Hong Kong
The Hong Kong court has reaffirmed its jurisdiction to grant vesting orders to help victims of cyber fraud. The decision which is consistent with our recent ... -
Amid Ukraine Crisis, China Issues New Warning to US; BRICS bank suspends all new transactions – The New Indian Express
By PTI BEIJING: The United States should not view China as a strategic rival and stoke confrontation because of its economic progress and development, a senior ... -
Sensex today: LIVE Stock Market Updates: Sensex slides deep into the red. Banks and auto stocks are the most affected. Asian paintings, IRCTC down 5% each
Sensex LIVE Updates: Fears over the Russian bombing of Europe’s largest nuclear power plant in Ukraine weighed on market sentiment as domestic equities fell alongside sharp ... -
Ongoing measures in the fin sector to isolate markets, trade with Russia
Mumbai: A multitude of measures are underway in the financial sector in response to the Russian crisis. These aim to ensure the continuation of trade with ... -
Various sectors continue to support Hong Kong against COVID-19-Xinhua
People wearing face masks walk on a street in Hong Kong, south China, Feb. 24, 2022. (Xinhua/Lo Ping Fai) Anti-pandemic supplies including rapid test kits, masks ... -
EUROPEAN MIDI BRIEFING – Market Sentiment -2-
Puma SE chief executive Bjorn Gulden said on Wednesday that the coronavirus pandemic continues to hurt its supply chains while inflation hurts costs and margins. The ... -
Hong Kong IPOs plagued by low prices
Most companies that sold shares for the first time in Hong Kong this year had to accept prices at the lower end of the expected range. ... -
Live News Feb. 18: Biden says ‘convinced’ Putin has decided to invade Ukraine, Putin to lead nuclear missile test drills as fears over Ukraine escalate, US Say Swift Banking Restrictions Unlikely in Initial Russia Sanctions
Portugal is dropping most of its Covid-19 restrictions as infection levels drop, but people who test positive for the virus will still have to self-isolate whether ... -
5 Brands in Hong Kong with Excellent Digital Marketing Strategies
Hong Kongers are used to using the internet to research brand information and even purchase products and services online. In a recent survey by We ... -
JPMorgan’s best banker’s new Hong Kong fund defies COVID gloom
A former vice president of JP Morgan reappeared with the launch of his own fund and opened an office in Hong Kong. Mac El-Omari, formerly head ... -
Live News: Ukrainian President declares ‘Unity Day’ to rally nation over fears of Russian invasion
He is a bold commentator trying to predict the conclusion of the diplomatic chess game that is the border crisis between Ukraine and Russia. But the ... -
Hong Kong was destroyed by Beijing’s zero-Covid
You can’t blame Prudential chief Mike Wells for wanting to leave. Nor his temporary replacement Mark FitzPatrick for refusing the permanent position. With ridiculously bad timing, ... -
Live news: Boris Johnson promotes ‘Red Wall’ MPs in bid to improve cross-party relations
Volvo Cars said the worst of the chip crisis that has hampered the industry’s post-pandemic recovery may be over, although it warned of rising prices as ... -
QDB’s Qatar FinTech Hub Hosts Wave 3 Demo Day for Its Incubator and Accelerator Programs
Key opportunities for investors, businesses and financial institutions in the Middle East Doha, Qatar, February 9, 2022 /PRNewswire/ — Qatar FinTech Hub (QFTH), founded by Qatar ... -
‘Digital Rupee’ should be a multi-year project, rushed implementation is risky
A digital rupee will be like banknotes, but minus ATMs. Users will be able to transfer purchasing power from their deposit accounts to their smartphone wallets ... -
Financial inclusion
The most recent update in digital banking shows that Pakistan is growing digitally at a rapid pace. The State Bank of Pakistan (SBP) has released the ... -
Live News: Retail Investors Take Advantage of Sale to Acquire Shares of Facebook Owner Meta
Snap and Pinterest both rebounded from steep declines on Thursday after posting fourth-quarter revenue and profit above analysts’ expectations, indicating they weren’t hit as hard by ... -
Record fintech APAC funding in 2021 paves way for more M&A
Venture capital investments in Asia-Pacific-based fintech companies have reached new highs in 2021. Cash-rich, well-funded fintechs have made strategic acquisitions, a trend that is likely to ... -
Asian markets rise as traders are supported by another Wall Street rally
(AFP) HONG KONG — Asian markets rose in limited trade on Tuesday after another strong lead from Wall Street fueled by a rebound in tech companies, ... -
ESR closes 28 billion yen sustainability loan | Taiwan News
Represents ESR Group’s third sustainability-related loan, which further reinforces its deep-rooted commitment to ESG following the acquisition of ARA SINGAPORE/HONG KONG – Media OutReach – January ... -
The Covid-19 pandemic, triggering an epidemic of banking scams
BANGALORE – The world has been grappling with banking scams for years, but the Covid-19 pandemic has led to an explosion in such crimes. The frequency ... -
Axis Bank, Cipla, Sbi Life and more
India’s equity benchmarks suffered steep losses on Thursday after opening lower, following Fed Chairman Jerome Powell’s plans to steadily tighten policy. The Sensex fell 1,048.2 points ... -
US stocks fall on second day of turmoil on Wall Street
Shares on Wall Street fell sharply on Tuesday as markets rattled with nerves over the U.S. central bank’s monetary policy tightening and the resumption of tech ... -
Bond meltdown haunts Reserve Bank of Australia as inflation rises
(Bloomberg) – Australian bond yields are poised for new highs as bets that the central bank will remove quantitative easing reach a crescendo ahead of a ... -
HSBC signs first sustainability-related retail facility in Hong Kong
HSBC has in addition thorough his green finance abilities for the Business community with the completion of its first sustainability-related trade finance transaction in Hong Kong. ... -
Live News: US jobless claims hit highest level in three months as Omicron weighs in
United Airlines has reduced its planned flight capacity for 2022 after the latest wave of the Covid-19 pandemic, caused by the Omicron variant, hit consumer demand. ... -
Live News: New Covid cases in New York drop sharply in sign of slowing Omicron wave
New coronavirus infections in New York fell to their lowest level in nearly a month on Monday, bolstering hopes that several U.S. states hit hard in ... -
Oil is higher when there is a shortage of supply, limited impact of omicron
SINGAPORE: Oil prices edged higher on Monday as investors bet supply will remain tight amid tight production by major producers with global demand undisturbed by the ... -
The second Hi-Tech simulator arrives at UniSA – OpenGov Asia
About Us Careers Contact Testimonials Menu About Us Careers Contact Testimonials January 15, 2022 To look for Channel Augmented intelligence big data Cloud Citizen Experience Cyber-resilience ... -
Carbon-neutral ‘Spaceplane’ parts to be made in Sydney – OpenGov Asia
China will continue to promote the development of a digital economy during the 14th Five-Year Plan period (2021-2025), according to a circular issued by the General ... -
U.S. tech stocks surge as Powell’s comments reassure markets
U.S. tech stocks rose on Tuesday after a sell-off in the $ 22 billion Treasury bond market finally ran out of steam, as Federal Reserve Chairman ... -
OneConnect signs new strategic partnership agreement with Chengfang Financial Technology
SHANGHAI, January 9, 2022 / PRNewswire / – OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) (“OneConnect”), a leading technology-as-a-service platform for financial institutions, today announced that ... -
Fed hike in March gains credibility with JPMorgan, Citi leaning in
(Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Bloomberg’s Most Read Expectations that the Federal Reserve ... -
Wall Street loves China more than ever
Despite political tensions and Beijing’s regulatory crackdown last year, banks and fund managers are desperate to compete on the mainland Cathy Chan and David Scanlan, Bloomberg ... -
Hong Kong set to reverse 2 years of recession with 6.4% expansion in 2021: macro snapshot
RIYAD: As 2021 draws to a close, Tadawul TASI The index – which tracks the performance of the largest listed companies in Saudi Arabia – capped ... -
HSBC secures insurance deal to ease relations with China
HSBC Holdings Plc has obtained regulatory approval to take full control of its life insurance business in China after more than a year and a half ... -
2021: five main banking transactions
Close 2021, FinTech Futures looks at some of the top basic banking operations of the year. From community banks to international giants, it has been a ... -
Hong Kong stocks end up following China more firmly as authorities pledge to support growth
HONG KONG- Hong Kong stocks edged higher on Tuesday, following gains in mainland markets after China asserted flexible policies next year to support growth, and also ... -
How Rs 6,000 Crore Was Illegally Sent to Hong Kong: CBI’s New Charge Sheet
Amount remitted in each transaction was kept below $ 100,000, officials said New Delhi: The Central Bureau of Investigation has filed two additional notices of indictment ... -
Stocks mixed in global markets in calm holiday trading | Taiwan News
BEIJING (AP) – Global stocks were mixed in calm trading on Friday, with many markets around the world closing or ending early for Christmas. Shares fell ... -
Summary of Leadership Movements in Asia-Pacific Wealth Management – October 2021
October has been a busy month for moves to Asia Pacific, with Credit Suisse being one of the most notable. A number of other banks such ... -
Chinese central bank issues 5 billion yuan bills in Hong Kong SAR
The central bank of China on Tuesday issued 5 billion yuan (about $ 784.57 million) in six-month renminbi central banknotes in the Hong Kong Special Administrative ... -
Hong Kong Association of Banks (HKAB) ESG Program for Students Completes Successfully | Taiwan News
Almost 300 students from 18 schools learn to bring sustainability to life HONG KONG SAR – Media reach – December 19, 2021 – Environmental, social and ... -
CPP Investments acquires an indirect 20% stake in Atlantic BidCo GmbH, which has made an offer for all shares of Aareal Bank AG
TORONTO and LONDON, December 17, 2021 / CNW / – CPP Investment Board Europe S.àr.l, a wholly owned subsidiary of the Canada Pension Plan Investment Board ... -
Hong Kong central bank staff send medical packages to quarantined bankers
Senior Hong Kong de facto central bank officials have delivered wine and gourmet meals to lone bankers at hotels across the city, in a bid to ... -
Decision-makers feel the weight of Omicron
Hello and welcome to the working week. As offices began to come to life and regain some of their old rhythm, most of us here in ... -
‘Winter filter’ returns as Coinbase takes revenge, CFTC commissioner casts shadow over SEC
Crypto executives warned lawmakers on Wednesday that without tailor-made regulation, digital asset innovation could miss the United States. The next day, Coinbase launched a product that ... -
Hong Kong stock market has a solid lead for Wednesday’s trade
(RTTNews) – The Hong Kong stock market on Tuesday halted the two-day drop in which it fell nearly 440 points, or 1.9%. The Hang Seng index ... -
Evergrande is on the verge of default again as China prepares to reassure markets
Evergrande does not guarantee he can repay $ 82.5 million in debt Creditors also asked for a repayment of $ 260 million The authorities summon the ... -
NextGen Talks – Season 2, Episode 3 – Finance and Banking
United States: NextGen Talks – Season 2, Episode 3 04 December 2021 Mayer brown To print this article, simply register or connect to Mondaq.com. Next Generation ... -
Asian markets are mixed as Omicron and Fed cut keep traders on their toes
HONG KONG (Reuters) – Asian markets were mixed on Friday as traders tracked the evolution of the Omicron virus strain as it spread around the world, ... -
HSBC tells UK staff to wear masks in offices, to be careful at festive gatherings
HSBC has reintroduced the wearing of masks at its offices and branches in the UK and has asked staff to be more careful at large festive ... -
Deutsche Bank’s Wealth Arm Joins Southeast Asia Teams
The banking group has made several hires in recent months, with the remaining staff focusing on markets such as Malaysia and Indonesia. Deutsche Bank Wealth Management, ... -
Hong Kong aid increasingly targeted by money laundering unions, police warn as education campaign kicks off
Hong Kong foreign domestic workers, dozens of whom were caught in summer undercover operations involving more than HK $ 39 million (US $ 5 million), are ... -
Latest updates: BioNTech will take two weeks to evaluate vaccine against latest variant of Covid
The Ukrainian president said he had received information about a Russian-backed plan to overthrow his administration next week. “We have received information that there will be ... -
Indonesian courier startup J&T raises $ 2.5 billion ahead of Hong Kong IPO
HONG KONG, Nov.24 (Reuters) – Indonesian courier start-up J&T Express raised $ 2.5 billion in a fundraising round valued at $ 20 billion, ahead of its ... -
VP Bank moves to new office in Hong Kong
VP Wealth Management (Hong Kong) Ltd, a wholly owned subsidiary of VP Bank in Liechtenstein, moved into new offices on Monday (November 22) in the city’s ... -
Golden Sixty records 15 straight wins with brilliant performance at Jockey Club Mile in Sha Tin
Hong Kong champion racehorse Golden Sixty extended his winning streak to 15-game winning streak at Sha Tin, moving from last to first under Vincent Ho to ... -
Latest updates: Ford abandons plans to produce electric vehicle with Rivian
Hong Kong’s shares in Alibaba fell 10% on Friday, a day after the Chinese e-commerce giant forecast annual revenue to grow at its slowest pace since ... -
Latest Updates: National Grid Predicts Top End Profits on Soaring Energy Prices
Nvidia said on Wednesday that it still believes its planned acquisition of Arm will benefit customers of the UK chip design company and the industry as ... -
Hong Kong hits back after allowing JPMorgan’s Jamie Dimon to skip quarantine
A 32-hour visit to Hong Kong by JPMorgan chief executive Jamie Dimon has drawn attention to the closure of the Chinese financial center after two years ... -
Suning Financial Services (Hong Kong) and Nium Launch E-Commerce Corporate Cards for Hong Kong Businesses
HONG KONG, November 12, 2021 / PRNewswire / – Suning Financial Services (Hong Kong) recently partnered with Nium, a global provider of payment and card issuance ... -
Latest updates: Tesla records biggest sale in over a year
Ex-factory prices in China rose at their fastest pace in 26 years for the second consecutive month in October, as fuel shortages narrowed to supply, official ...
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