Edition:
United States

Sumeet Chatterjee

China moves closer to allowing foreigners to control insurance ventures: sources

Nov 18 2018

HONG KONG/BEIJING China will accept applications early next year from foreign insurers seeking to take control of their local joint ventures and is even weighing giving them full ownership earlier than flagged, people with direct knowledge of the matter said.

Natixis fund unit eyeing China presence via acquisition: APAC CEO

Nov 15 2018

HONG KONG French asset manager Natixis Investment Managers plans to set up a presence in China, preferably through an acquisition, as part of its strategy to double its Asia Pacific assets by 2020, a top executive said.

Exclusive: China's JD Group eyes sale of HK insurance arm in up to $2.5 billion deal

Nov 15 2018

HONG KONG Chinese financial firm JD Group has put its Hong Kong insurance business, FTLife Insurance Co Ltd, up for sale and a deal could fetch between $2 billion and $2.5 billion, three people with knowledge of the matter said.

Exclusive: China's JD Group eyes sale of HK insurance arm in up to $2.5 billion deal - sources

Nov 15 2018

HONG KONG Chinese financial firm JD Group has put its Hong Kong insurance business, FTLife Insurance Co Ltd, up for sale and a deal could fetch between $2 billion (1.54 billion pounds) and $2.5 billion, three people with knowledge of the matter said.

UPDATE 1-HKEX Q3 profit rises 20 pct; weaker markets cloud outlook

Nov 07 2018

* CEO says confident about rest of 2018 despite macro headwinds (Adds CEO comments, earnings details, context)

Rich Asians crazy about securing wealth spark family office boom in HK, Singapore

Nov 05 2018

(This November 4th story corrects job title in paragraph 15)

Standard Chartered signals gloom on trade war prospects despite profit surprise

Oct 31 2018

HONG KONG/LONDON Standard Chartered's core emerging markets face increasing risks from the escalating Sino-U.S. trade war, the bank warned on Wednesday after reporting better than expected quarterly profit. | Video

Großbank StanChart verdient mehr - Sorgen wegen Handelsstreit

Oct 31 2018

Hongkong/London Die britische Großbank Standard Chartered hat wegen sinkender Belastungen durch faule Kredite im dritten Quartal deutlich mehr verdient.

UPDATE 3-StanChart signals gloom on trade war prospects despite profit surprise

Oct 31 2018

* Wealth management income down nearly 5 pct (Adds CFO comments, London share price)

Cost control helps HSBC to spring surprise with strong profit growth

Oct 29 2018

HONG KONG/LONDON HSBC Holdings Plc posted a higher-than-expected 28 percent rise in quarterly profit on Monday, showing progress in its battle to control costs and shaking off fears that rising global political tensions could hurt its business. | Video

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