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Vietnam plans radical banking consolidation

Vietnam plans radical banking consolidation

Tweet Weak banks in Vietnam will be forced to merge under plans unveiled today by the government to stabilize and restructure the country’s economy over the next three years. The…

HSBC to push into Chinese mainland

HSBC to push into Chinese mainland

Tweet In a bid to increase its presence in mainland China, HSBC is planning to expand its branch network or raise its stake in the Bank of Communications (BoCom). Speaking…

HSBC bolsters capital base of China operation to distance itself from chinese banks with poor liquidity

HSBC bolsters capital base of China operation to distance itself from chinese banks with poor liquidity

Tweet HSBC has moved to head off any implication that its Chinese operation might be part of the general concerns about the liquidity of Chinese banks by announcing that its…