Edition:
United Kingdom

Sumeet Chatterjee

China moves closer to allowing foreigners to control insurance ventures: sources

18 Nov 2018

HONG KONG/BEIJING China will accept applications early next year from foreign insurers seeking to take control of their local joint ventures and is even weighing giving them full ownership earlier than flagged, people with direct knowledge of the matter said.

Natixis fund unit eyeing China presence via acquisition: APAC CEO

15 Nov 2018

HONG KONG French asset manager Natixis Investment Managers plans to set up a presence in China, preferably through an acquisition, as part of its strategy to double its Asia Pacific assets by 2020, a top executive said.

Exclusive: China's JD Group eyes sale of HK insurance arm in up to $2.5 billion deal

15 Nov 2018

HONG KONG Chinese financial firm JD Group has put its Hong Kong insurance business, FTLife Insurance Co Ltd, up for sale and a deal could fetch between $2 billion and $2.5 billion, three people with knowledge of the matter said.

Exclusive: China's JD Group eyes sale of HK insurance arm in up to $2.5 billion deal - sources

15 Nov 2018

HONG KONG Chinese financial firm JD Group has put its Hong Kong insurance business, FTLife Insurance Co Ltd, up for sale and a deal could fetch between $2 billion (1.54 billion pounds) and $2.5 billion, three people with knowledge of the matter said.

UPDATE 1-HKEX Q3 profit rises 20 pct; weaker markets cloud outlook

07 Nov 2018

* CEO says confident about rest of 2018 despite macro headwinds (Adds CEO comments, earnings details, context)

Rich Asians crazy about securing wealth spark family office boom in HK, Singapore

05 Nov 2018

HONG KONG Rich Chinese and other Asians are increasingly seeking more control of their wealth, driving a rapid rise in the number of so-called family offices, or private investment vehicles, being set up in Hong Kong and Singapore.

Standard Chartered signals gloom on trade war prospects despite profit surprise

31 Oct 2018

HONG KONG/LONDON Standard Chartered's core emerging markets face increasing risks from the escalating Sino-U.S. trade war, the bank warned on Wednesday after reporting better than expected quarterly profit. | Video

Großbank StanChart verdient mehr - Sorgen wegen Handelsstreit

31 Oct 2018

Hongkong/London Die britische Großbank Standard Chartered hat wegen sinkender Belastungen durch faule Kredite im dritten Quartal deutlich mehr verdient.

Cost control helps HSBC to spring surprise with strong profit growth

29 Oct 2018

HONG KONG/LONDON HSBC Holdings Plc posted a higher-than-expected 28 percent rise in quarterly profit on Monday, showing progress in its battle to control costs and shaking off fears that rising global political tensions could hurt its business. | Video

REFILE-ANALYSIS-A banker's woe: Chinese wealth may get harder to snag for global bankers

24 Oct 2018

* Prevention of UBS wealth manager leaving China raises concern

World News