Edition:
United Kingdom

Sumeet Chatterjee

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.

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

Exclusive: HSBC cutting around 100 staff in equities business - sources

17 Jan 2020

HONG KONG/LONDON HSBC is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters.

EXCLUSIVE-HSBC cutting around 100 staff in equities business -sources

17 Jan 2020

HONG KONG/LONDON, Jan 17 HSBC is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters.

Trade deal touts financial sector wins; China to scrap securities business cap faster

16 Jan 2020

WASHINGTON/HONG KONG The long-awaited U.S.-China trade deal touted wins for U.S. companies looking to access China's $40 trillion (£30.6 trillion) financial sector, but many of the changes were already in the works, with Beijing having stepped up the pace of liberalisation last year.

CORRECTED-U.S-China trade deal touts financial sector wins, but there's a sense of deja-vu

15 Jan 2020

WASHINGTON/HONG KONG, Jan 15 The long-awaited U.S.-China trade deal unveiled on Wednesday touted new wins for U.S. financial firms looking to access China's $40 trillion financial market, but many of the changes were already in train even before the trade war ignited.

China to frame rules for online-only banks this year in boost to foreigners - sources

14 Jan 2020

HONG KONG/BEIJING China is working to finalise its first rules to cover online-only banking operations in a push to minimise risk in the financial sector and attract players including foreign lenders, three people with direct knowledge of the matter said.

Beijing's legal influence triggers disquiet in Hong Kong financial sector

13 Dec 2019

HONG KONG When China's top legislature criticised a Hong Kong court's rejection of a face mask ban there, some global firms began to fear the potential for mainland interference in commercial contracts, lawyers and finance executives said.

Postal Savings Bank's muted Shanghai debut highlights Chinese bank woes

10 Dec 2019

BEIJING/HONG KONG Shares in Postal Savings Bank of China (PSBC) made a subdued Shanghai debut on Tuesday after a $4 billion share sale, underlining growing investor concerns about the health of the banking sector in a slowing economy.

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