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International

Sumeet Chatterjee

How Beijing humbled Britain's mighty HSBC

Jun 29 2021

HONG KONG/SHANGHAI (Reuters) -On a rainy day last November, China Baowu Steel Group, the world's largest steel maker, gathered its finance department for a training session on the outskirts of Shanghai. One highlight was a presentation featuring a sensitive slide: a "black list" of 60 lenders that the state-owned steel giant had declared off-limits.

Special Report - How Beijing humbled Britain's mighty HSBC

Jun 28 2021

HONG KONG/SHANGHAI On a rainy day last November, China Baowu Steel Group, the world's largest steel maker, gathered its finance department for a training session on the outskirts of Shanghai. One highlight was a presentation featuring a sensitive slide: a "black list" of 60 lenders that the state-owned steel giant had declared off-limits.

Exclusive: Hong Kong security chief threatens tycoon Lai's bankers with jail if they deal in his accounts

May 27 2021

HONG KONG Hong Kong's security chief sent letters to media tycoon Jimmy Lai and branches of HSBC and Citibank this month threatening up to seven years' jail for any dealings with the billionaire's accounts in the city, according to documents seen by Reuters. | Video

Exclusive-DBS, StanChart weigh bids as Citi retreats from Asia consumer business - sources

Apr 20 2021

SINGAPORE (Reuters) -Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of Citigroup's consumer business in Asia, people with direct knowledge of the matter said.

EXCLUSIVE-DBS, StanChart among potential bidders for Citi's Asia consumer business - sources

Apr 20 2021

SINGAPORE/HONG KONG, April 20 Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of Citigroup's consumer business in Asia, people with direct knowledge of the matter told Reuters.

Seduced by Archegos' growth, Nomura took a chance on Hwang comeback

Apr 03 2021

NEW YORK/HONG KONG U.S. investor Sung Kook "Bill" Hwang was looking for a second chance on Wall Street after falling from grace and shutting his multibillion-dollar hedge fund firm. Japan's Nomura Holdings Inc gave him one.

〔アングル〕巨額損懸念の野村HD、問われるリスク管理 海外戦略に影響も

Mar 31 2021

[東京 31日 ロイター] - 野村ホールディングスは昨年4月に就任した奥田健太郎グループCEO(最高経営責任者)のもと、海外事業の拡大に力を入れてきた。そこへ突如浮上した巨額損失の恐れ。アナリストや関係者からは、リスク管理体制の強化とともに、積極的に進めてきた米国戦略の見直しを迫られる可能性を指摘する声が出ている。

Nomura faces tough questions over global plans after U.S. client loss

Mar 30 2021

TOKYO/HONG KONG Nomura Holdings will have to sharpen its focus on risk management systems and may need to rein in its U.S. ambitions, analysts said after the Japanese bank flagged a possible $2 billion loss tied to a single U.S. client.

Nomura faces tough questions over global plans after U.S. client loss

Mar 30 2021

TOKYO/HONG KONG Nomura Holdings will have to sharpen its focus on risk management systems and may need to rein in its U.S. ambitions, analysts said after the Japanese bank flagged a possible $2 billion loss tied to a single U.S. client.

ANALYSIS-Nomura faces tough questions over global plans after U.S. client loss

Mar 30 2021

TOKYO/HONG KONG, March 30 Nomura Holdings will have to sharpen its focus on risk management systems and may need to rein in its U.S. ambitions, analysts said after the Japanese bank flagged a possible $2 billion loss tied to a single U.S. client.

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