Banking
-
Evergrande: will it collapse and what would happen if it did?
If Chinese property company Evergrande sinks under its $300bn debt its failure would resound across the global…
-
Shares in China’s Evergrande plunge again as fears of contagion grow
Hong Kong stock fell up to 19% amid default fears that are beginning to have a knock-on effect on other market…
-
‘China’s Lehman Brothers moment’: Evergrande crisis rattles economy
President Xi Jinping faces serious test of his financial reforms as struggles of property giant send ripples t…
- Asia Pacific, Banking, Business, China, Commercial property, Hong Kong, HSBC, Job losses, London, Real estate, South and Central Asia, Working from home, World news
HSBC to slash post-Covid office space by 40% as profits drop by a third
Bank also reaffirms greater shift towards Asia-Pacific, where most of its earnings come fromHSBC is to reduce …
-
Ex-banker Paul Mora put on Interpol wanted list in German fraud inquiry
Arrest warrant issued over alleged role in cum-ex trades that defrauded the state of million of eurosInterpol …
- Banking, Business, HSBC, Human rights, Myanmar, South and Central Asia, Standard Chartered, World news
British banks under pressure over £45m loans to firm with links to Myanmar military
Campaigners say the deals revealed in new report are a breach of firms’ human rights responsibilitiesHuman rig…
-
Exiled Hong Kong legislator calls for action after HSBC bank accounts frozen
Ted Hui says move by UK’s biggest bank is act of ‘oppression’ as eight more democracy activists are arrestedA …
-
Hong Kong banks told to report potential breaches of security law
Transactions that could violate Beijing-imposed law should be treated the same as if financing terrorism, says…
-
How HSBC got caught in a geopolitical storm over Hong Kong security law
Bank’s future remains uncertain as it finds itself under pressure from Beijing and Washington HSBC has been a …
-
Protesters who demanded Huawei CFO’s release revealed to be paid actors
More than a dozen people outside Vancouver courtroom with ‘Free Meng’ signs were promised C$100 for two hours’…
- Asia Pacific, Australia news, Australian federal police, Banking, Children, Crime - Australia, Cybercrime, Law (Australia), Online abuse, Philippines, Rape and sexual assault, Slavery
Australian paedophiles pay as little as $15 for online abuse of children in Philippines
Australian federal police say livestreaming of children performing sexual acts marks ‘alarming shift’ Australi…
-
Westpac scandal: a 12-year-old girl, online sexual exploitation and lax financial rules
The Westpac bank scandal has brought the role of financial institutions in enabling child sexual abuse into sh…
-
Hong Kong plunges into deep recession
3.2% quarterly fall rivals the worst three-month slide during the 2008 financial crisis Hong Kong has plunged …
-
1MDB: Malaysia files charges against 17 current and ex-Goldman Sachs bosses
Bank has been under scrutiny for its role in helping to raise $6.5bn through bond offerings Malaysia has filed…
- 1MDB, Asia Pacific, Banking, Business, Financial sector, Malaysia, US justice system, US news, World news
Deutsche Bank ‘faces US investigation’ over work for Malaysia’s 1MDB fund
Report says justice officials examining if bank broke foreign corruption or money-laundering lawsUS officials …