First Citizens BancShares acquires Silicon Valley Bank assets
27th March 2023 - (New York) First Citizens BancShares announced on Monday that it will be acquiring the deposits and loans of Silicon Valley Bank, along...
Shimao Group plans to sell Sheraton & Four Points by Sheraton...
27th March 2023 - (Hong Kong) Chinese property developer Shimao Group is looking to sell its Hong Kong hotel, the Sheraton & Four Points by Sheraton...
First Citizens BancShares in advanced talks to acquire Silicon Valley Bank,...
27th March 2023 - (New York) First Citizens BancShares, a North Carolina-based bank, is reportedly in advanced talks to acquire Silicon Valley Bank, a renowned tech-focused...
Asian shares rise amid banking system hopes
27th March 2023 - (Hong Kong) Asian shares have rallied, followed by U.S. stock futures, as hopes have emerged that authorities are working to ring fence...
China greenlights 4 ChiNext IPOs
Xinhua News
25th March 2023 - (Beijing) China's securities regulator approved the initial public offering registrations of four companies on the country's NASDAQ-style...
Severe recession likely in next year due to huge debt buildup,...
25th March 2023 - (New York) Top economist Nouriel Roubini has issued a dire warning about the global economy, predicting a "severe recession" in the next...
U.S. stocks rise despite banking jitters
Xinhua News
25th March 2023 - (New York) U.S. stocks finished higher in volatile trading on Friday despite worries about the health of...
Europe’s banking stocks including Deutsche Bank and UBS tumble amid concerns...
25th March 2023 - (London) Europe's banking stocks have fallen due to lingering worries that recent crises at some banks could spread to the wider sector....
HKEX introduces new listing rules to attract specialist tech firms from...
24th March 2023 - (Hong Kong) The Hong Kong Stock Exchange (HKEX) has announced new listing rules for specialist technology companies in a bid to attract...
UBS-Credit Suisse merger causes concerns over competition in Swiss banking sector
24th March 2023 - (Geneva) The Swiss National Bank (SNB) has recently acknowledged that the UBS and Credit Suisse merger was crucial in averting a global...
Standard Chartered CEO says Credit Suisse bond wipeout affects global bank...
24th March 2023 - (Hong Kong) On Friday, Standard Chartered Chief Executive Bill Winters stated that the Credit Suisse AG's $17 billion Additional Tier 1 bonds...
Hong Kong wealth managers expand staff to meet Chinese demand
24th March 2023 - (Hong Kong) Wealth management firms are rapidly expanding in Hong Kong as rich Chinese individuals seek to invest more money overseas after three...
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