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…
Banks 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…
Featured 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…
Featured 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…