Wednesday 17 July 2019
Kong Kong

HSBC to keep headquarters in London

Global banking giant HSBC Holdings has decided to keep its headquarters in Britain, rejecting the option of shifting its centre of gravity back to its main profit-generating hub Hong Kong after a thorough 10-month review. The deci


ADCB hires Goldman to sell $1.4bn RHB stake

Abu Dhabi Commercial Bank (ADCB) has hired Goldman Sachs to sell its 25 per cent stake in Malaysian bank RHB Capital valued at $1.4 billion, two sources with direct knowledge of the matter told Reuters on Saturday. ADCB had shortlisted thr

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