Edition:
United Kingdom

Scott Murdoch

Lion Air to test investor appetite for stock market listing

24 Jan 2020

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.

Australia's Westpac hires 'Mack the knife' McFarlane to chair crisis-hit bank

23 Jan 2020

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.

China companies issue staff with masks, travel warnings as virus outbreak fears grow

22 Jan 2020

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.

With record profits on Wall Street, small bonuses will annoy bankers: experts

22 Jan 2020

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.

Exclusive: Bank of America to hire 50 bankers for Asia dealmaking team in 2020 - sources

22 Jan 2020

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.

China companies issue staff with masks, travel warnings as virus outbreak fears grow

22 Jan 2020

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.

EXCLUSIVE-Bank of America to hire 50 bankers for Asia dealmaking team in 2020 - sources

22 Jan 2020

* Headcount expansion plans to focus on HK, Singapore, Australia

UBS faces uphill battle to regain ground after HK IPO ban lifted

20 Jan 2020

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.

World News