Henan Banking Scandal
Weekly Global News Wrap: Depositors hit by China’s banking fiasco to be repaid; HSBC pays £1500 to staff to help with living costs
And India’s Yes Bank is selling up to a 10% stake for $1.1b.
Weekly Global News Wrap: Depositors hit by China’s banking fiasco to be repaid; HSBC pays £1500 to staff to help with living costs
And India’s Yes Bank is selling up to a 10% stake for $1.1b.
Chinese depositors call to release savings from frozen assets of 6 rural banks: report
The head of these banks' parent company is on the run and wanted for financial crime.
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1. Citigroup’s profitability set to grow by 2025: Moody’s 2. Philippine banks launch PHPX stablecoin 3. HKMA and partners inject US$500m for sustainable finance investments in Asia 4. Maybank Singapore taps PracBiz to streamline supply chain finance 5. Asia struggles with G20 payment targetsResource Center
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Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
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