HSBC private banking sees double-digit asset, revenue growth on Asia boost

HONG KONG (Reuters) – The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a surge in Asian wealth, the unit’s chief executive told Reuters. FILE PHOTO: Anti-government demonstrators walk … Continue reading HSBC private banking sees double-digit asset, revenue growth on Asia boost

Exclusive: Hedge fund Citadel’s commodities business up about $1 billion for the year – sources

FILE PHOTO: Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, California, U.S., April 30, 2019. REUTERS/Mike Blake NEW YORK (Reuters) – Citadel’s commodities investments are up at least $1 billion … Continue reading Exclusive: Hedge fund Citadel’s commodities business up about $1 billion for the year – sources

Mozambique to appeal S.African ruling to set aside extradition of ex-finmin

JOHANNESBURG (Reuters) – Mozambique’s government plans to appeal a South African court’s decision to revoke the planned extradition of former finance minister Manuel Chang, wanted in both his home country and the United States, a letter seen by Reuters on … Continue reading Mozambique to appeal S.African ruling to set aside extradition of ex-finmin