Analysts at HSBC’s house broker have advised clients to sell the shares of the lender, warning of the risks to the bank from a slowdown in Asia.
China's largest online travel agency, Ctrip.com, has launched a 'haze-travel insurance package', allowing tourists to claim compensation for trips ruined by pollution
DBS Group Holdings has agreed to buy Societe Generale’s Asian private banking business to bolster market share in a region where millionaires’ wealth may top North America this year.
Authorities in China to allow tourists to graffiti on a specific section of the wall, in the hope of reducing its spread
Thinking of moving to Asia ? Hong Kong or Singapore – which pays best for investment bankers in 2014 ?
The place to be ?
ABN Amro plans to add commodity staff next year in Asia where its trade-finance business is growing as China increases consumption of energy and metals.
UBS is scaling back corporate advisory and investment banking services for ultra-rich clients in some key emerging market countries to reduce overlaps with other departments, three sources familiar with the plan said.
Global banks and asset managers are opening hedge funds in Asia for the first time since the 2008 financial crisis, putting pressure on smaller firms that are already struggling to hold onto investors.
Standard Chartered scaled back its income growth target for the next couple of years on Monday as slower economic growth and tougher regulations bite.