North America makes up the biggest chunk of exposure at $387bn and this will continue to drive activity, regardless of the ...
Macquarie Asset Management has appointed David Chang as head of wealth distribution for Asia. Chang will be based in Singapore and work closely with the firm’s global network to expand its wealth ...
HONG KONG (Reuters) -Bank of America has cut 16 bankers from its investment banking department in Hong Kong as part of global cuts to its dealmaking workforce, three sources with knowledge of the ...
Major banks followed, with HSBC maintaining its best lending rate in Hong Kong at 5.25%, and Standard Chartered Bank keeping its Hong Kong dollar best lending rate unchanged at 5.5%. Bank of China ...
Henry Cheng, chairman of New World Development and Chow Tai Fook Jewellery, saw his fortune drop $2.6 billion.
Hong Kong authorities are pushing to create an Asian ... In January the People’s Bank of China and the HKMA jointly announced the creation of a Rmb100bn ($13.8bn) trade financing facility ...