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News

28 Aug UPDATE 2-UBS hires former Credit Suisse star Khan as part of broader shakeup

Posted at 09:49h in News by KMFSLLP 0 Comments

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* Credit Suisse's Khan replaces wealth management co-head Blessing

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28 Aug UPDATE 1-China’s ICBC, world’s top bank, posts 4.7% H1 profit rise on fee growth

Posted at 09:45h in News by KMFSLLP 0 Comments

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* NPL ratio 1.48% end-June vs 1.51% end-Mar (Adds details of results)

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28 Aug Yuan rises, snaps 10-day losing streak after China comments on trade talks

Posted at 09:42h in News by KMFSLLP 0 Comments

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The yuan snapped a 10-day losing streak on Thursday, thanks to its afternoon rebound after the Chinese commerce ministry said China and the United States are discussing the next round of face-to-face trade talks, scheduled for September.

28 Aug London mayor says firms must play by the rules as Uber faces licence renewal

Posted at 09:29h in News by KMFSLLP 0 Comments

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London's Mayor Sadiq Khan said everyone must play by the rules when asked on Thursday about taxi app Uber's London licence, which is due to expire in less than a month's time.

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28 Aug EXPLAINER-Can political unrest in Hong Kong break its currency peg?

Posted at 09:09h in News by KMFSLLP 0 Comments

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Three months of anti-government protests have thrown Hong Kong into its deepest crisis in decades, pounding the financial hub's economy and stock market and adding to its Sino-U.S. trade war woes.

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28 Aug China’s ICBC, world’s biggest bank, posts 4.7% rise in H1 profit

Posted at 09:03h in News by KMFSLLP 0 Comments

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Industrial and Commercial Bank of China (ICBC) , the world's largest commercial bank, posted a 4.7% rise in first-half net profit on Thursday.

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28 Aug UPDATE 3-Swedbank names frontrunner Henriksson new CEO in bid to rebuild trust

Posted at 08:59h in News by KMFSLLP 0 Comments

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* Folksam is Swedbank's 2nd largest shareholder with a 7.1% stake

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28 Aug Dorian expected to become major hurricane on Friday – U.S. NHC

Posted at 08:56h in News by KMFSLLP 0 Comments

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Atlantic hurricane Dorian is expected to strengthen into a major hurricane on Friday, the U.S. National Hurricane Center said.

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28 Aug Hong Kong stocks end firmer after China signals trade talks

Posted at 08:47h in News by KMFSLLP 0 Comments

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* HK->Shanghai Connect daily quota used 1.1%, Shanghai->HK daily quota used 4.7%

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28 Aug UPDATE 1-Singapore sets guidelines for digital banks, move could shake-up lending

Posted at 08:40h in News by KMFSLLP 0 Comments

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Singapore's central bank kicked off on Thursday the application process for up to five new digital bank licences and issued detailed guidelines for potential contenders.

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News

28 Aug UPDATE 2-UBS hires former Credit Suisse star Khan as part of broader shakeup

28 Aug UPDATE 1-China’s ICBC, world’s top bank, posts 4.7% H1 profit rise on fee growth

28 Aug Yuan rises, snaps 10-day losing streak after China comments on trade talks

28 Aug London mayor says firms must play by the rules as Uber faces licence renewal

28 Aug EXPLAINER-Can political unrest in Hong Kong break its currency peg?

28 Aug China’s ICBC, world’s biggest bank, posts 4.7% rise in H1 profit

28 Aug UPDATE 3-Swedbank names frontrunner Henriksson new CEO in bid to rebuild trust

28 Aug Dorian expected to become major hurricane on Friday – U.S. NHC

28 Aug Hong Kong stocks end firmer after China signals trade talks

28 Aug UPDATE 1-Singapore sets guidelines for digital banks, move could shake-up lending

KM Financial Solutions LLP

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