UBS, which is appealing against a decision barring it from sponsoring stock market listings in Hong Kong, is restructuring its investment banking department by combining its China and Hong Kong arms, according to an internal…
Tagged By finance
CORRECTED-Pakistan doubles size of currency swap agreement with China – central bank
ISLAMABAD, May 24 (Reuters) – China has increased the size of a currency swap agreement with Pakistan by 10 billion yuan ($1.57 billion), two Pakistani central bank sources said on Thursday, with cash earmarked for…
Local Bank Rolls Out Red Carpet for Chinese Business Community
As such, the bank continues to cement its strong ties with Chinese business community, further enhancing Namibia/China business relations in the country. To this end, the bank recently hosted an engagement for the Chinese community,…
UBS combines China, Hong Kong banks as it fights to keep licence in world’s biggest IPO destination
UBS, which is appealing against a decision barring it from sponsoring stock market listings in Hong Kong, is restructuring its investment banking department by combining its China and Hong Kong arms, according to an internal…
China on Reserve Bank watch-list
Governor Lowe noted that while the ascent of the Chinese economy has been positive for Australia, it is also not without its risks: “If a major economic shock were to originate from China over the…
China Is Sitting On $3 Trillion In Currency Reserves, But Is That Enough?
With questions mounting about the health of China’s banking system, one figure in the spotlight is the adequacy of China’s foreign currency reserves. Since the government owns nearly all the banks, the Chinese government is…
Philip Lowe on why the RBA is watching China’s debt mountain so carefully
Reserve Bank of Australia governor Philip Lowe has appealed for calm over Australia’s increasingly troubled political relationship with China, while warning that its ballooning debt mountain and opaque financial system pose a threat to prosperity…
Australia’s central bank chief warns over China debt risk
Australia’s central bank chief has warned China’s mounting debt poses a grave economic threat, with broadening trade ties between the two countries exposing more industries to the risk. Total debt has ballooned in China from…
UBS Appoints Joint Heads for Greater China
UBS has had a presence in China since 1989 and its investment bank is considered a market leader. The Swiss bank recently reinforced that position by submitting plans to increase its stake in UBS Securities…
MOVES-UBS merging Greater China investment banking teams, appoints heads-memo
HONG KONG, May 24 (Reuters) – Swiss bank UBS Group has appointed leaders for its Greater China business which is being formed by merging its China-focused investment banking teams, according to an internal memo seen…
China’s central bank aims to improve information disclosure and transparency
The People’s Bank of China (PBOC) on Wednesday pledged to improve its information disclosure as part of steps to make its policy-making process more transparent. The central bank said that it would strengthen its policy…
Investors should ‘absolutely’ own mainland China assets: Bank Julius Baer
“I think people should own China, absolutely,” Mark Matthews, head of Asia research at Bank Julius Baer, told CNBC. The size of the market, inexpensive assets, and better management in the country were among the…
Ant Financial partners with China Everbright Bank and Everbright Technology to facilitate the bank’s digital transformation
Agreement is latest example of Ant offering technological support to help financial institutions deliver inclusive financial services more effectively HANGZHOU, May 24, 2018 /PRNewswire/ — On May 23, Ant Financial Services Group (“Ant Financial”) has…
