Edition:
United Kingdom

Sumeet Chatterjee

China to ask Wall Street for ideas on improving U.S. ties

14 Sep 2018

HONG KONG China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday, people familiar with the matter said.

StanChart to part ways with three senior Asia bankers in coverage revamp - sources

13 Sep 2018

HONG KONG Standard Chartered is parting ways with three senior Asia-focused bankers and possibly with some mid- and junior-level bankers, as the British lender moves ahead on a plan to cut costs and revamp its industry coverage, two sources said.

HSBC to bolster Asia private banking headcount, double client assets

12 Sep 2018

HONG KONG HSBC Holdings Plc aims to increase its Asia private banking headcount by two-thirds in five years and double client assets in eight as it eyes a bigger share of the business in the world's fastest-growing wealth market, top executives said.

JPMorgan picked to run sale of Anbang' Dutch insurer Vivat - sources

06 Sep 2018

HONG KONG/AMSTERDAM China's Anbang Insurance Group [ANBANG.UL] has picked JPMorgan to manage the 1.4-1.8 billion euro (1.2-1.6 billion pounds) sale of its Dutch insurance arm Vivat, two people familiar with the matter told Reuters.

JPMorgan picked to run sale of Anbang' Dutch insurer Vivat - sources

05 Sep 2018

AMSTERDAM, Sept 5 China's Anbang Insurance Group has picked JPMorgan to manage the 1.4-1.8 billion euro ($1.6-$2 billion) sale of its Dutch insurance arm Vivat, two people familiar with the matter told Reuters.

Hong Kong's digital banking push pits tech newcomers against old-guard lenders

30 Aug 2018

HONG KONG At least a dozen banks, fintechs and telecom firms are lining up to get a piece of Hong Kong's retail and small business banking market as the regulator prepares to award the former British colony's first online-only banking licenses.

ANALYSIS-Hong Kong's digital banking push pits tech newcomers against old-guard lenders

30 Aug 2018

* Deadline for application submission to regulator ends Friday

Hong Kong's FWD to buy HSBC's stake in Malaysian insurance venture -sources

28 Aug 2018

HONG KONG/KUALA LUMPUR Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings Plc's stake in a Malaysian insurance joint venture as part of a plan to expand its presence in Asia, three people familiar with the matter said.

China banks set for modest profit growth as bad loan outlook under cloud

21 Aug 2018

SHANGHAI/HONG KONG China's biggest listed state-owned lenders are expected to post modestly higher profits and steady margins for the six months ended June, as government efforts to boost spending and liquidity underpins loan growth.

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