HSBC has shot to second rank among banks advising Asian firms on merger deals, its highest ever, due to ties to one man: Hong Kong tycoon and the region's richest man, Li Ka-shing.
Much has been written about the hours lost to meetings. But new ideas may actually make meetings more productive, if not more popular.
Hedge fund billionaire Ken Griffin has purchased several floors of a new condo tower in Manhattan for around $200 million, in what is believed to be the most expensive single residential real estate deal in U.S. history.
Paul Frankfurt, head of block trades for Bank of America in Europe, the Middle East and Africa, has left the firm to join investment advisory services business Anoa Capital S.A.
Standard Chartered is working with an executive search firm to find an external candidate to replace Mark Dowie to head its corporate and institutional business as part of Chief Executive Officer Bill Winter’s management overhaul, according to a person with knowledge of the matter.
Bank of America probably will report a 5% drop in third-quarter trading revenue amid volatile markets, CEO Brian Moynihan said.
HSBC’s chairman has suggested the bank could retain its domicile in the UK, as his bank mulls moving its headquarters back to the Far East.
By launching a probe into possible insider trading at Citic Securities, China’s biggest and most prestigious brokerage, President Xi Jinping’s government has signalled the financial services industry is fair game for its anti-corruption drive after a stock market bust wiped out $5 trillion in market value.
Here's a quick look at some of our favourite 'business'-related quotations.
An economist for HSBC in Moscow became the latest to join a Russian state institution as profits in the financial industry suffer from the country’s first recession since 2009.
A friend tells me why he is voting Remain. “My wife works for a French bank and they would pull out of London if we left the EU.”
Malaysia's embattled Prime Minister Najib Razak denied accusations of misuse of power, graft and interference in official investigations of troubled state fund 1MDB, according to documents filed in response to a lawsuit, Bloomberg reported on Tuesday.
Brexit fears stalk global markets? Only up to a point.