Citigroup Asia Pacific executive Faruqui leaves for ANZ
(Reuters) - Farhan Faruqui, one of Citigroup Inc's highest-ranking bankers in Asia, is leaving the company to work for rival Australia and New Zealand Banking Group Ltd The departure of...
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StanChart investors rebel over pay plan after profit falls
HONG KONG/LONDON (Reuters) - Asia-focused bank Standard Chartered saw more than 40 percent of its shareholders oppose its pay plan on Thursday, hours after the bank posted a drop in...
Exclusive: Abu Dhabi investor seeks to exit Mongolia bank after governance row
HONG KONG (Reuters) - A foreign investor has moved to sever ties with Mongolia's largest private lender, Golomt Bank, because of its concerns over the lender's weak corporate governance standards,...
StanChart says Korea woes, currency weaknesses to temper profit growth
HONG KONG (Reuters) - Asia-focused Standard Chartered Plc said its operating profit grew at a low single-digit rate so far this year, with the third quarter hammered by the poor...
HKEx CEO says close to picking new LME chief
HONG KONG (Reuters) - Hong Kong Exchanges and Clearing Ltd (HKEx) is close to picking a new CEO for the London Metal Exchange and will make an announcement in due...
Job-cutting foreign banks risk missing Japan trading bonanza
TOKYO/HONG KONG (Reuters) - Japan's stock trading boom has turned long-suffering equities desks in Tokyo into profit drivers for global investment banks, with those that resisted the urge to cut...
Hong Kong nets only small fry for laundering illegal Chinese money
HONG KONG (Reuters) - Luo Juncheng, a delivery man and school dropout from China's Guangdong province, was 19 years old when he opened an account at Bank of China subsidiary...
Goldman reaps fee bonanza from record Sinopec deal
HONG KONG (Reuters) - Goldman Sachs earned the envy of its rivals this week as the investment bank secured a rare monopoly on the fees tied to a record stock...
Hong Kong reviews how rates are set amid Libor scrutiny
HONG KONG (Reuters) - The Hong Kong Association of Banks has initiated a review of the fixing mechanism and governance structure of the Hibor process as central banks worldwide scrutinize...
Hong Kong reviews how rates are set amid Libor scrutiny
HONG KONG (Reuters) - The Hong Kong Association of Banks has initiated a review of the fixing mechanism and governance structure of the Hibor process as central banks worldwide scrutinize...