Banks are also targeting more deals from holding companies this year, as they can fetch higher margins of 4% to 5%
Financial markets expect the Fed to leave interest rates unchanged at its January meeting
Most market participants do not see another cut until June
Its sales and trading revenue rose 10% to US$4.5 billion in Q4
A sale would follow other HSBC disposals in Europe and North America
It is a surprise move that has blindsided the industry, and has sent financial banking stocks tumbling
BOJ is not immune to the kind of things happening with the Fed
Flint, who was chairman of HSBC until 2017, will replace Shriti Vadera and will join the board in March
HONG Kong activist investor and prominent commentator David Webb has died of metastatic prostate cancer, according to his social media accounts.
SEVERAL senior loan bankers at Mizuho Financial Group and Sumitomo Mitsui Banking Corp. have left their roles in Asia, amid a slump...













