BlackRock’s fund took out the loan of about 780 million yuan for two towers it bought in 2018 at Waterfront Place in China’s ...

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...

HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...

HONG KONG/Sydney (Reuters) - HSBC has laid off around 40 investment bankers in Hong Kong as part of the bank's global ...

“Large banks may follow HSBC,” said Eric Tso Tak-ming, chief vice-president of mortgage broker mReferral. In September, Bank of China (Hong Kong) and Standard Chartered launched similar plans ...

HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of ...

HSBC on Wednesday said it aims to save $1.8 billion in costs by the end of next year, as its new CEO revamps the bank to boost profit while navigating mixed interest rate policies and profound ...

Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.