SINGAPORE/HONG KONG Indonesia's Lion Air is launching a pre-marketing drive next week for a potential public float, three sources familiar with its plans said, as the airline seeks to win over investors more than a year after the fatal crash of one of its Boeing 737 MAX jets.
SYDNEY/HONG KONG Australia's Westpac Banking Corp named a former Barclays boss as chairman on Thursday, entrusting veteran banker John McFarlane with the task of steering it through the country's biggest money-laundering scandal.
SHANGHAI/HONG KONG Companies across China are handing out masks and warning staff to avoid the central city of Wuhan amid fears that the new flu-like coronavirus will rapidly spread with much of population embarking on travel for Lunar New Year holidays.
NEW YORK Most Wall Street banks announced their fourth quarter profits beat industry expectations last week. But by the end of this week, bank sources and compensation experts told Reuters, most of their staff will be underwhelmed by their bonuses.
HONG KONG Bank of America Corp will recruit about 50 bankers for its investment banking team in Asia this year, as it pushes to bolster its dealmaking business and shore up revenues from the unit, three people with direct knowledge of the matter said.
SHANGHAI/HONG KONG, Jan 22 Companies across
China are handing out masks and warning staff to avoid the
central Chinese city of Wuhan amid fears that the new flu-like
coronavirus will rapidly spread with much of population
embarking on travel for Lunar New Year holidays.
* Headcount expansion plans to focus on HK, Singapore,
HONG KONG UBS Group AG is likely to have a hard time regaining ground lost in the 10 months it was banned from the big-money business of sponsoring IPOs in Hong Kong, where Chinese rivals have become formidable players, bankers and analysts said.