Payments giant Visa said that despite the omicron variant of COVID, the war in Ukraine and rising inflation, it still had a pretty good fiscal quarter.
Westpac said that moving forward, there won't be a pay confidentiality clause in employee contracts, and the clause in existing contracts won't apply.
While bankers in Hong Kong would usually get a 15% pay hike for “walking across the street,” this number is now up to 20% to 30%.
In a bid to keep its talent from joining Wall Street rivals and crypto, HSBC is planning to double the bonuses for junior investment bankers and traders.
The world’s largest alternative asset manager, Blackstone Inc., has raised US$11 billion for its second private-equity fund for Asia, which is nearly triple its previous pool of capital raised in ...
In the end, state-owned companies including Citic Group Corp., China Insurance Investment Co. and China Life Asset Management Co., agreed to help Huarong out with a US$6.6 billion bailout, a ...
Bond credit rating company Moody’s wrote, “Although Evergrande has been reducing its debt to improve its financial stability, the company still faces sizeable maturing debt and puttable bonds over the ...
Prosecutors said the schemers used fake companies with Deutsche Bank accounts to conduct the Ponzi scheme, including raising additional cash from investors for businesses that no longer existed.
