HSBC Holdings Plc

HSBC Holdings Plc Building As Board Mull Headquarters Decision

HSBC Board Opts For Headquarters In London

London is the core economic hub of Europe. Leaving out from the European Union will force the businesses to be pulled out from the UK, argue some analysts. However, HSBC Board’s decision to retain headquarters in London appears to be the best answer to the believers.

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Jack Warner

U.S. investigates 6 banks connected to the FIFA financial fiasco

U.S. authorities dig deeper into the alleged FIFA financial fiasco, contacting more than half a dozen banks associated to the football corruption scandal.

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Bank of China Ltd.

Bank of China's London branch issues $413M worth of yuan-denominated bonds

Bank of China UK on Wednesday issued $413 million worth of yuan-denominated bonds in London, as China seeks to increase the international usage of its currency for trade and investment. Bank of China also said that the bond will list on London's bourse.

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HSBC Holdings PLC

HSBC exits minority stake in Bank of Shanghai to Spain's Santander

HSBC Holdings PLC has put up for sale its 8% stake in Bank of Shanghai Co. HSBC sold its holding in the Chinese bank to Spain's Santandar SA for an undisclosed sum.

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Waston

Hong Kong billionaire Li Ka-shing prepares for Watson IPO

Just months after pulling out of a planned multi-billion dollar sale of his grocery chain, Hong Kong billionaire Li Ka-shing has started the process for Waston's initial public offering. The global retail business is set to float next year.

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Qinhuangdao Port

China's Qinhuangdao Port to bring in USD717 million in IPO

Chinese coal port operator Qinhuangdao Port Co. is seeking to raise up to USD717 million in a Hong Kong listing. The firm will be putting up for sale 829.9 million shares at HKD5.25 to HKD6.70 apiece.

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Geoff Barker

New Asia macro fund to be set up by former HSBC economist in March

Counterpoint Asian Macro Fund is a new macro fund established through a venture between former HSBC Holdings Plc economist Geoff Barker and City Financial Investment Co.

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Shanghai Free Trade Zone

Foreign companies may sell shares in free trade zone- report

The Wall Street Journal reported that China could allow foreign companies to sell shares in the free trade zone in Shanghai.

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HSBC

HSBC set to earn USD19.5 million in Canaletto painting sale

HSBC Holdings Plc would stand to get USD19.5 million from the sale of its two paintings by Italian painter Canaletto.

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