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Europe’s largest lender to pay $575m for insurance assets in city as part of pivot to region
A talent war has made recruiting and retaining business-getters costlier
Bank to pay interim dividend and cancel $300m in bad loan provisions
Court hears closing arguments in 7-week trial between bank and currency manager ECU
Bank’s dominant position in Hong Kong gives it an edge as it prepares to expand in region
Bank sells the operations to US private equity firm Cerberus as it steps up focus on Asia
Currency manager ECU Group accuses bank of fraud and misconduct in ‘disgraceful episode’
Asia boss eased bank’s path into Hong Kong elite circles and Beijing corridors of power
Banking group to replace Peter Wong with co-heads for the region
Do not expect a racy valuation multiple soon
Sales effectively bring to close 40-year attempt to run full-service lender in the country
Researchers are working to value the natural world to fuel new green investment initiatives
Hong Kong is a valuable but contentious territory to dominate financially
Bank releases $400m reserves set aside for potential loan losses during the pandemic
Potential blow to travel and hospitality industries as finance sector seeks to make more use of new ways of working
The post-pandemic ‘third way’ of working is going to be hard for businesses to navigate well
Noel Quinn refuses to redraw bank’s core business plan on basis of geopolitical tensions
Consumers around the world have stockpiled an extra $5.4tn of savings since the coronavirus pandemic began
Group managing $11tn in assets call for financing to be linked to zero emissions goal
Senior staff evicted from 42nd level of Canary Wharf tower to make room for collaborative space
Divisions accounting for almost all of lender’s global revenue will be run out of the territory
Chinese tech group sought material bank provided to US in case against chief financial officer
Private equity firm Cerberus set to swoop on lender’s ‘fallen angel’ retail network
Funding of oil, gas and coal projects 9% lower during pandemic year but remains at high levels
Negotiations with US private equity firm reflect UK lender’s strategy to sharpen focus on Asia
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