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citigroup

Infy tossed it out as a wrong ANSR. It’s now helping Accenture make the right move.

by Edgar Davis
Infy tossed it out as a wrong ANSR. It’s now helping Accenture make the right move.

Julie Sweet, CEO, Accenture. Synopsis Since its inception in 2008, over 60 foreign companies have used ANSR’s services to set up shop in India. But why is Accenture buying into …

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Hong Kong keeps rate steady for seventh time as traders shift focus to September for first cut

by Anas Siddiqui
Hong Kong keeps rate steady for seventh time as traders shift focus to September for first cut

The Fed’s policymakers signalled just one rate cut this year, pencilling in four reductions in 2025. That did little to douse the fervour in the stock market, as the S&P500 …

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Climate activists try to blockade NYC Citi Bank HQ in ‘Summer of Heat on Wall Street’

by Ron Morgan
Climate activists try to blockade NYC Citi Bank HQ in ‘Summer of Heat on Wall Street’

Nearly two dozen people were cuffed by late Monday morning as climate protesters blockaded Citi Headquarters in Lower Manhattan, police said. A group of 150 activists crowded in front of …

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Chinese tech giant Tencent moves into Singapore tower to consolidate office space in city state

by Walter Watson
Chinese tech giant Tencent moves into Singapore tower to consolidate office space in city state

For now, Tencent is taking up one floor, or about half of a 56,000-square-foot (5,203-square-metre) flexible working space, in the tower. The Shenzhen-based firm may eventually move staff from another …

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Hong Kong stocks rise fueled by bets of stability in China property, growing US rate cut hopes

by Anas Siddiqui
Hong Kong stocks rise fueled by bets of stability in China property, growing US rate cut hopes

Hong Kong stocks gained, bucking the broader downtrend in the region, as investors remained confident about China’s economic recovery and the probability of a soft landing in its crisis-hit property …

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Opinion | Why rally in Chinese stocks is hardier than doubters think

by Anas Siddiqui
Opinion | Why rally in Chinese stocks is hardier than doubters think

The China trade is back. Since its low on January 22, the MSCI China Index, which tracks stocks listed at home and abroad, has risen 28 per cent after falling …

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Hong Kong Monetary Authority to host world-class financial forum again in November

by Anas Siddiqui
Hong Kong Monetary Authority to host world-class financial forum again in November

“The executives who attend the summit can also meet local staff and clients, while some of them could also visit the mainland. They can share their insights about Hong Kong …

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Exclusive | Citigroup to leverage Hong Kong’s finance hub status to grow wealth business in Asia, Greater Bay Area

by Anas Siddiqui
Exclusive | Citigroup to leverage Hong Kong’s finance hub status to grow wealth business in Asia, Greater Bay Area

Citigroup will expand its wealth management business in the Greater Bay Area and rest of Asia from its base in Hong Kong, according to its global wealth head. The US …

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Hong Kong Green Week: banks urged to rethink and review funding criteria for energy transition projects

by Anas Siddiqui
Hong Kong Green Week: banks urged to rethink and review funding criteria for energy transition projects

“So when we see a lot of more innovative technology projects with a very short operating history, it’s automatically [considered] high risk,” she said. “A lot of us are now …

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Year of the Dragon: ZA Bank, Citigroup, HSBC, BOCHK lavish Hong Kong staff with fat lai see packets, other goodies

by Anas Siddiqui
Year of the Dragon: ZA Bank, Citigroup, HSBC, BOCHK lavish Hong Kong staff with fat lai see packets, other goodies

Many employees of Hong Kong’s biggest banks will be getting red envelopes stuffed with more money than last year as they return to work to begin the Year of the …

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