'HSBC Names Georges Elhedery As Chief Executive' - WSJ
'HSBC Names Georges Elhedery As Chief Executive' -
Trump's Betting Election Odds Surge After Assassination Attempt, How Would The Market React?
On Saturday, Donald Trump was shot at a campaign rally in Pennsylvania, which could be a key moment that completely disrupts the US election landscape this year. Following the incident, data from Polymarket shows that Trump's chances of winning the election have skyrocketed to 71%.
JPMorgan, Standard Chartered-Backed Blockchain Fintech Partior Secures $60M In Venture Capital
Blockchain payment fintech Partior raised over $60 million in a Series B funding round.What Happened: Peak XV Partners led the effort, with participation from new investors Valor Capital and Jump
Clifford Capital and Pentagreen Capital announce US$30 mil green loan collaboration with BECIS
The financing comes with an accordion feature to allow the facility size to be increased to US$50 million.
Uncertainty remains regarding interest rate cuts. According to KPMG, a high interest rate environment is beneficial for the profitability of Hong Kong banks.
KPMG recently released a report on the Hong Kong banking industry in 2024, pointing out that the balance sheet of Hong Kong banks recorded moderate growth due to the higher interest rate environment in 2023, with significant increases in net interest margin and operating surplus.
Bitcoin To Hit $100K By US Election: Standard Chartered
Standard Chartered has projected that Bitcoin's price might reach a new all-time high by August and could surge to $100,000 by the U.S. presidential election in November.What Happened: The bank's Head