Banks China’s CITIC cuts banker pay at CLSA Nada Ali Jun 5, 2024 0 China's CITIC Securities is slashing base salaries for over 100 bankers at its Hong Kong-based platform, CLSA.
Energy Aramco launches $10b offering Aya Anwar May 30, 2024 0 Saudi Arabia is set to launch a secondary offering of Aramco shares, aiming to raise over $10 billion, potentially…
Money Expobank completes sale of HSBC’s Russian operations Aya El Sayed May 29, 2024 0 HSBC has finalised the sale of its Russian unit to Expobank, ending two years of negotiations, Reuters reported on…
Industry & Trade India’s business activity booms in April Nada Ali Apr 23, 2024 0 Indian businesses are seeing a significant increase in activity, with the fastest growth in almost 14 years…
Banks HSBC plans to cut another 20 jobs in Asia Nada Ali Apr 17, 2024 0 HSBC is reportedly expanding its investment banking job cuts in Asia, with plans to eliminate an additional 20…
Industry & Trade India’s factory activity hits 16-year high in March Nada Ali Apr 2, 2024 0 India's manufacturing industry experienced robust growth in March, reaching its highest level in 16 years due to…
Banks HSBC doubles CEO pay despite Q4 profits fall Nada Ali Feb 21, 2024 0 HSBC has nearly doubled the pay of its CEO, Noel Quinn, to £10.6 million, up from £5.6 million in 2022, despite a…
Banks Australia’s CBA attracts funds leaving China despite profit outlook Nada Ali Feb 12, 2024 0 Australia's largest bank, Commonwealth Bank’s (CBA) stock surged 20 per cent since November, driven by investors…
Banks HSBC faces £57mln penalty for depositor protection violations Aya El Sayed Jan 30, 2024 0 The Bank of England’s Prudential Regulation Authority (PRA) imposed a fine of £57.4 million ($73 million) on HSBC…
Featured Sustainability Forum Middle East 2024 for Net-Zero transition Aya El Sayed Dec 31, 2023 0 The second edition of the Sustainability Forum Middle East (SFME) is ready to kick off on January 8–9 in the…