Selena Li
Stories by Selena Li
HSBC announces fresh $3b buyback, profit misses target on rising costs
HSBC indicated costs are likely to increase by up to 5% this year excluding an acquisition.
Three listed Chinese firms used endangered animal parts as ingredients: Report
The three publicly traded Chinese drugmakers count global banks such as UBS and HSBC as investors.
HSBC to acquire Citigroup China consumer wealth business: report
HSBC is looking to exit less profitable geographies to focus on Asia.
UBS names South Korea, India among countries ‘slow’ to clear Credit Suisse deal
UBS has also identified Ireland and Saudi Arabia as "slow jurisdictions" in granting licences.
HSBC names ex-Goldman Sachs veteran Bill Chu to head China investment banking team
Chu will work with the bank's sector, product and coverage teams.
Blackstone’s China unit gets nod to raise funds for overseas investments
The unit has seven full-time employees, including five fund professionals.
Credit Suisse Hong Kong to start cutting investing banking jobs this week
Hong Kong makes up Credit Suisse's biggest share of investment bankers in Asia.
HK cuts China-risk section in listing rules, but says scrutiny unchanged
A large number of Chinese companies make their public market debut either in HK or in the US.
Hong Kong scraps requirement to flag China risk in listing applications
The bourse repealed a whole section focusing on risks from China's policies and its business and legal environment.
StanChart, Ant Group tie up for green finance, global fund management
The deal is the first high-profile tie-up between Ant and a major foreign bank since authorities cancelled a planned mega-IPO.