Banks
Issue 95: Dissecting Singapore banks’ financed emissions; justifying the just transition
In this issue: Banks’ financed emissions mostly improved despite some trouble spots, while standard ways of assessing impact might not be enough to understand the trade-offs in a just...
CVC Capital Partners exits Vietnam’s Asia Commercial Bank: sources
CVC Capital Partners has exited Vietnam’s fourth-biggest private commercial lender, Asia Commercial Bank (ACB), after its investment unit disposed of its remaining 4.99 per cent stake for around US$220...
MUFG to discuss buying US$1.7 billion stake in HDFC unit
MITSUBISHI UFJ Financial Group is in talks to acquire a roughly US$1.7 billion stake in HDFC Bank’s consumer lending unit to tap booming demand for personal finance loans in...
Europe: Banks weigh down Stoxx 600 after ECB signals rate cuts
EUROPE’S benchmark stock index fell to a one-month low on Thursday, as banks took a hit after the European Central Bank held rates steady but signalled imminent cuts, while Deutsche Telekom...
HSBC changes insurance head after Hingston’s surprise exit
THE head of HSBC Holdings’ insurance business is unexpectedly leaving the Asia-focused lender after two years in the post, and will be replaced by veteran insider Ed Moncreiffe.
Greg Hingston...
HKEX proposes plan for multiple clearing banks for cash trades
INVESTORS may soon be allowed to enlist more than one clearing bank for their cash equities and options trades on the Hong Kong Exchanges & Clearing (HKEX).The Securities and...
Bankers find one bright spot in Hong Kong as buyouts multiply
A SLOWDOWN in dealmaking activity has left bankers in Hong Kong scrapping for business, yet one area is buzzing: buyouts of companies listed on the city’s stock exchange.The latest...
Strikes at Deutsche Bank’s Postbank escalate as labour demands 15.5% pay rise
A MONTHS-LONG wage dispute at Deutsche Bank’s Postbank arm is escalating with additional strikes ahead of a fourth round of talks next week as employees demand a 15.5 per...
