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HSBC

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HSBC Bought Back 3.1 Million Shares For HK$200.9 Million - HKEX Filing

BRIEF-HSBC Bought Back 3.1 Million Shares For HK$200.9 Million - HKEX Filing Aug 13 (Reuters) - HKEX Filing: HSBC BOUGHT BACK TOTAL 2 MILLION SHARES ON OTHER STOCK EXCHANGES FOR GBP13 MILLION ON AUG 12- HKEX FILING HSBC BOUGHT BACK 3.1 MILLION SHARES FOR HK$200.9 MILLION ON AUG 12 - HKEX FILING Further company coverage: 0005.HK
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China's outbound investing quota crunch spurs foreign asset managers to get creative

China's outbound investing quota crunch spurs foreign asset managers to get creative Offshore investment flows surge as China growth weakens Total quotas set at $167 billion as of end-July Subscription caps, quota redistributions help ease crunch By Selena Li and Alessandro Diviggiano HONG KONG, Aug 13 (Reuters) - Soaring demand from Chinese investors for offshore investments has left foreign banks and fund managers scrambling to ration outbound-investing quotas despite the recent selloff in the
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Barclays scraps EU bonus cap for senior bankers

UPDATE 1-Barclays scraps EU bonus cap for senior bankers Adds details By Lawrence White LONDON, Aug 8 (Reuters) - Barclays BARC.L has become the latest bank to substantially raise a cap on bonuses for its top bankers, an internal memo seen by Reuters showed on Thursday. The lender's senior bankers will now be able to earn payouts of up to 10 times their base salary, up from a two-to-one ratio previously imposed by the European Union back in 2014 when the UK was a member.
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Barclays scraps EU bonus cap for British bankers

Barclays scraps EU bonus cap for British bankers LONDON, Aug 8 (Reuters) - Barclays BARC.L has become the latest bank to drastically revise a cap on bonuses for its top bankers in Britain, an internal memo seen by Reuters showed on Thursday. The lender's senior bankers will now be able to earn payouts of up to 10 times their base salary, up from a two-to-one ratio previously imposed by the European Union back in 2014 when the UK was a member.
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DBS CEO aces succession, sets high bar

RPT-BREAKINGVIEWS-DBS CEO aces succession, sets high bar The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Refiles to add RICs. By Anshuman Daga SINGAPORE, Aug 8 (Reuters Breakingviews) - Piyush Gupta is going out on a high, and in style. He is stepping down from DBS Group DBSM.SI after nearly 15 years as CEO. The Indian-born put Singapore's $72 billion lender on the Asian map, led it to deliver stellar shareholder returns, and has pulled off a flawless success
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