The move, which comes amid pressure from Chinese stakeholder Ping An to break up the group, occurred after the lender raised its stake in the unit
Financial regulators in Henan province said on Thursday that individuals with deposits of up to 100,000 yuan ($14,800) will be repaid
The city-state's debt markets are on course for the biggest year of bank-capital raising in more than a decade
Stuart Kirk, then head of sustainable investing, told a Financial Times event in May that central bankers were overstating warnings about the threat from global warming.
Improved profitability comes on the back of shrinking bad debts.
HSBC's largest shareholder is calling for the group to break itself up, arguing the move would boost performance.
China’s homegrown cross-border payments mechanism – or any new alternative – won’t be strong enough to enable Russia to sidestep being cut...
Analysts say there's no alternative global payment system to SWIFT that's strong enough to enable Russia to evade sanctions.
Japan's biggest securities firm has hired over 50 relationship managers from banks including Citigroup, Deutsche Bank, BNP Paribas
The bank expects revenue to grow an extra 3% per year as it benefits from rising interest rates as policymakers look to turn off years of cheap funding
The bank said it wrote off 16.62 billion rupees, which included loans in consumer and microfinance portfolios
DBS said it would acquire Citi's Taiwanese business with its 2.7 million credit cards, 500,000 customers and 45 branches