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Business 05 May 2016 | 10:58 PM

JPMorgan becomes first global bank to fall foul of HK's stricter IPO sponsorship rules

HONG KONG: JPMorgan Chase & Co has become the first global investment bank to fall foul of Hong Kong's stricter IPO sponsorship rules, dealing a blow to its reputation in the region.

Corporate News 05 May 2016 | 3:09 PM

JPMorgan first global bank to fall foul of HKs stricter IPO rules

HONG KONG: JPMorgan Chase & Co has become the first global investment bank to fall foul of Hong Kong’s stricter IPO sponsorship rules, dealing a blow to its reputation in the region.

Business 20 Apr 2016 | 2:56 AM

HSBC in charm offensive to woo China sceptics

HONG KONG/LONDON: Battling against sceptical Western investors, HSBC, is on a mission to explain why its push into a slowing China is good for the global bank’s future growth.

TECH 23 Mar 2016 | 6:34 AM

Bangladesh Bank weighs lawsuit against NY Fed over hack

Bangladesh's central bank has hired a US lawyer for a potential lawsuit against the Federal Reserve Bank of New York after hackers stole US$81mil (RM323.78mil) from its account with the NY Fed.

Banking 23 Mar 2016 | 1:27 AM

Bangladesh Bank weighs lawsuit against NY Fed over hack

Dhaka: Bangladesh's central bank has hired a US lawyer for a potential lawsuit against the Federal Reserve Bank of New York after hackers stole US$81 million from its account with the NY Fed, according to an internal report by the Bangladesh bank.

Corporate News 03 Mar 2016 | 12:16 AM

Chinese financial players shake up Hong Kong office market

HONG KONG: Mainland Chinese financial institutions have expanded their physical footprint in Hong Kong's prime business district at their fastest pace in five years, driving up rents and underscoring how Beijing's policies are reshaping the city.

Business 11 Feb 2016 | 10:56 PM

Fed's Yellen retains gradual rate hike on global market rout

WASHINGTON: Federal Reserve Chair Janet Yellen returned to Congress on Thursday and again stressed that the U.S. central bank was not on a "pre-set" path to return policy to "normal" given a worsening meltdown in global stock markets.

Business 23 Dec 2015 | 12:00 AM

Qatar bank buys Turkey’s Finansbank

ISTANBUL: Qatar National Bank SAQ agreed to buy National Bank of Greece SA’s (NBG) Turkish unit for 2.75 billion euros (US$3bil) in cash as it seeks expansion throughout the Middle East and Africa

Corporate News 14 Nov 2015 | 12:00 AM

Small is better

IS Big always good? How are the biggest companies in the world doing?

World 09 Nov 2015 | 4:45 PM

FSB's Carney tells banks there is no 'Basel IV' on the way

LONDON (Reuters) - Remaining changes to global bank capital rules don't amount to a quantum change in requirements for lenders as claimed by the sector, Financial Stability Board Chairman Mark Carney said on Monday.