United Kingdom

Sumeet Chatterjee

UPDATE 1-UBS to double China investment banking business headcount in 3-4 years

03 Dec 2019

* UBS China joint venture exploring new services offerings (Adds additional comment, context)

Nomura incoming CEO says to speed up reform, domestic retail business seen in focus

03 Dec 2019

TOKYO/HONG KONG Nomura Holdings Inc's incoming chief executive Kentaro Okuda said on Tuesday he wanted to speed up the pace of reform at the country's largest brokerage, which has long struggled to make its mark globally and must deal with a shrinking retail business at home.

Warburg Pincus to raise up to $1.5 billion for first India-focused fund - sources

28 Nov 2019

HONG KONG Private equity firm Warburg Pincus LLC is looking to raise up to $1.5 billion for its first fund targeting deals in India, two people familiar with the matter told Reuters, betting on a surge in investment opportunities in Asia's third-largest economy.

HSBC private banking sees double-digit asset, revenue growth on Asia boost

27 Nov 2019

HONG KONG The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a surge in Asian wealth, the unit's chief executive told Reuters.

RPT-As recession takes hold, HK banks worry about risk of easier mortgage rules

14 Nov 2019

* Recession, unemployment may weigh on borrowers repayment ability

As recession takes hold, Hong Kong banks worry about risk of easier mortgage rules

14 Nov 2019

HONG KONG Even as Hong Kong has reduced down-payment requirements to help young professionals and families to buy homes, banks are beefing up mortgage application standards to ensure that a recession does not saddle them with bad loans, bankers and mortgage brokers said.

Frustration, safety fears at finance firms as protests paralyse Hong Kong

13 Nov 2019

HONG KONG Finance firms in Hong Kong urged staff on Wednesday to seek safety or work from home as anti-government protests paralysed the city's business district for a third day in one of the biggest disruptions faced by the Asian finance hub.

Hong Kong bourse logs biggest quarterly profit fall in 3 years on protests

08 Nov 2019

HONG KONG Hong Kong's stock exchange operator said quarterly profit dropped 8%, the steepest slide in nearly three years, as investor sentiment was hit by months of political unrest that pushed the Asian financial hub into recession.

Exclusive: KKR's new Asia-focused fund targets record $15 billion in 2020 - sources

07 Nov 2019

HONG KONG Global private equity group KKR & Co Inc is targeting a record $15 billion (£11.7 billion) for a new Asia-focused buyout fund, three sources with knowledge of the plan told Reuters.

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