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The developer wants to refinance $11 bln of loans but CEO Echo Huang has yet to reverse a 4-year revenue slump. Lenders ...
HSBC’s great deference to Beijing’s oppression has long been clear. It cares about its retained access to the lucrative Hong Kong banking market and not much else. Still, the bank wants it so ...
Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate ...
HSBC has carved out a lucrative role in global banking over the past 155 years by straddling the line between East and West. Now, a political firestorm over the bank’s hometown of Hong Kong ...
HONG KONG/SYDNEY (Reuters ... Its shares in London were up 1.06% in morning trade. The investment banking job cuts also come after HSBC last month announced plans to wind down its mergers ...
Elhedery says HSBC, the largest bank in Hong Kong with 6.2 million customers, will invest heavily in wealth management and technology in the city, using it as a base to tap the fast-growing ...
HSBC plans to roll out a revamped mobile app in Hong Kong this month, with upgrades that aim to deliver what bank executives described as the “most personalised and simplified” experience for ...
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 ...
HONG KONG: Hong Kong-based lender Hang ... for about 1% of its "core staff". Hang Seng Bank, which is 63%-owned by global banking group HSBC, "reviews and restructures its business from time ...