sections

Friday, 15 December 2017

Thomas Blott' s stories

Sort by: Newest firstOldest firstA-ZZ-A

  • A logo of HSBC is displayed outside a branch at the financial Central district in Hong Kong, China.

    HSBC pledges more buybacks after profit rise

    Ticker | 31 July 2017

    HSBC is to buy back US$2bn of its shares after reporting a 5% rise in half-year profits, and said repurchases of its stock could become a regular feature in the future.

  • Profits up at Singapore banks

    People & Markets | 28 July 2017

    Two of Singapore’s big three banks last week reported solid profit gains in a sign that the city’s lenders may finally be overcoming the effects of last year’s commodities downturn.

  • China's CCB sets up debt-for-equity swap unit

    People & Markets | 28 July 2017

    China Construction Bank has become the first mainland bank to get China Banking Regulatory Commission approval to open a subsidiary to issue debt-for-equity swaps.

  • Noble accelerates asset sales

    People & Markets | 28 July 2017

    Noble Group is looking at selling off more assets to retire US$3bn in outstanding debt, while seeking a waiver from lenders on covenants for a loan due next year, the struggling Hong Kong-based commodities trader said last week.

  • Australia raises bank capital ratios

    People & Markets | 21 July 2017

    Australia’s big four banks breathed sighs of relief last week after the latest review of capital requirements dampened fears of a shortfall in their common equity ratios.

  • Liquidity concerns hit China stocks

    People & Markets | 21 July 2017

    China’s technology-focused ChiNext index plunged last week as fears mounted over tightening liquidity following President Xi Jinping’s pledge to reduce risks in the financial system.

  • A woman walks past the Essar headquarters building in Mumbai

    Essar loses appeal against insolvency proceedings

    Ticker | 18 July 2017

    An Indian court has rejected Essar Steel’s bid to block the start of insolvency proceedings, handing the central bank an important victory in its efforts to force banks to take action on bad debts.

  • RBS sells stake in China JV

    People & Markets | 14 July 2017

    Royal Bank of Scotland has agreed to sell its 33.3% stake in Chinese joint venture Hua Ying Securities to partner Guolian Securities for Rmb354m (US$52m).

  • A security guard walks past a directory board of Hong Kong Monetary Authority (HKMA) in Hong Kong.

    Hong Kong gets new bail-in powers

    People & Markets | 14 July 2017

    The Hong Kong Monetary Authority has been granted sweeping new powers to clean up ailing banks, bringing the city closer to international resolution standards in Europe and the US.

  • Morgan Stanley rejigs Asia top team

    People & Markets | 14 July 2017

    Morgan Stanley has made several changes to its investment banking leadership in Asia-Pacific.