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ICBC unveils Yangtze Delta solutions

ICBC unveils Yangtze Delta solutions

The Industrial and Commercial Bank of China, the country’s largest commercial lender, unveiled a set of financial solutions yesterday in Shanghai aimed at supporting the integrated development of the Yangtze...

Tracy Li | October 11, 2019, Friday


Report claims HSBC planning to lay off 10,000 staff

Report claims HSBC planning to lay off 10,000 staff

The London-headquartered HSBC Holdings is planning to lay off up to 10,000 staff, a report said yesterday, just weeks after announcing the resignation of its chief executive and the cutting of 4,000 posts...

October 8, 2019, Tuesday


Top banks report stable results in the first half

Top banks report stable results in the first half

China’s six largest commercial banks reported stable performances in the first half of 2019, with loan growth picking up and asset performance improving, Moody’s Investors Service said yesterday....

Tracy Li | September 25, 2019, Wednesday


Co-housing lifestyle an alternative for aged

Co-housing lifestyle an alternative for aged

One of the major questions people who are aging ask is, “where do I want to live?...

Nancy P. Kropf | September 23, 2019, Monday


S. Korean and Singaporean investors diversify

S. Korean and Singaporean investors diversify

Asian outbound commercial real estate investment fell 25 percent to US$19 billion in the first half of 2019, weighed down by the rebalancing of portfolios by Chinese investors as well as global economic...

Staff Reporters | September 23, 2019, Monday


Leclerc delivers Ferrari 1st home victory since 2010

Leclerc delivers Ferrari 1st home victory since 2010

Charles Leclerc secured Ferrari’s first victory at their home Italian Grand Prix since 2010 on yesterday when he resisted race-long pressure from both Mercedes rivals to claim his second successive Formula...

September 9, 2019, Monday


Leclerc gets upgrade as Ferrari looks to end Mercedes’ control

Leclerc gets upgrade as Ferrari looks to end Mercedes’ control

Charles Leclerc will be propelled by an upgraded Ferrari power unit and his own raw emotions, this weekend when he bids to claim a second career victory at the Italian Grand Prix....

September 6, 2019, Friday


HSBC CEO Flint makes shock exit

HSBC CEO Flint makes shock exit

HSBC yesterday announced the shock exit of chief executive John Flint but denied talk of a management split as it also axed 4,000 jobs and warned of dark clouds on the horizon....

August 6, 2019, Tuesday


Chairmen, boards need to lead in transformation

Chairmen, boards need to lead in transformation

ChairmEn and boards of directors will play key roles in financial institutions’ transformative development soon and they should assume new roles to embrace the opportunities and challenges in an age of...

Tracy Li | July 19, 2019, Friday


‘Reinventing’ Deutsche Bank begins staff layoffs

‘Reinventing’ Deutsche Bank begins staff layoffs

Deutsche Bank laid off staff in Asia as it began cutting 18,000 jobs as part of a 7.4-billion-euro (US$8.3 billion) “reinvention” set to tip Germany’s largest lender into yet another annual loss....

July 9, 2019, Tuesday




 

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