Top StoriesKuwait’s Burgan Bank floats tier 2 bonds in the international debt marketGBO CorrespondentDecember 10, 2020 GBO CorrespondentDecember 10, 2020 The bond’s tenor is eleven years and can be redeemed after six...
Top StoriesHSBC rolls out one-stop solution Omni Collect in IndiaGBO CorrespondentSeptember 2, 2020 GBO CorrespondentSeptember 2, 2020 The solution provides different payment options for websites...
Top StoriesKoscom acquires 92.66 percent stake in HSBC Fund Services KoreaGBO CorrespondentAugust 27, 2020 GBO CorrespondentAugust 27, 2020 The latest deal marks the company’s first acquisition activity since its inception...
Top StoriesHSBC slashes bonus pool by $600 million in Q1GBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 2020 The bonus pool shrank despite a 55 percent surge in the bank’s...
Top Stories UnassignedHSBC reports unexpected first quarter profit amid Covid-19 pandemicGBO CorrespondentAugust 3, 2020 GBO CorrespondentAugust 3, 2020 On a net basis, the bank reported a second-quarter profit of $192...
Top StoriesHSBC to fund $558 mn for UAE’s Etihad Railway projectGBO CorrespondentJune 11, 2020 GBO CorrespondentJune 11, 2020 The funds will go to the UAE’s National Projects and Construction (NPC)...
Technology Top StoriesDubai’s first KYC blockchain data-sharing platform goes liveGBO CorrespondentMarch 2, 2020 GBO CorrespondentMarch 2, 2020 The platform is launched by Mashreq Bank and Dubai International Financial Centre...
Finance Top StoriesHSBC mulling over withdrawing its operations in TurkeyGBO CorrespondentJanuary 30, 2020 GBO CorrespondentJanuary 30, 2020 The banking giant’s likely departure in Turkey, where it has its presence...
Top StoriesHong Kong’s first virtual bank ZA Bank offers 6% interest rateGBO CorrespondentJanuary 13, 2020 GBO CorrespondentJanuary 13, 2020 Standard Chartered, HSBC and BOC Hong Kong currently offer between 1.9% and...