Page 6 - ஷாங்காய் வங்கி நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Heritage Summer Hong Kong World Coin, Currency Auctions Exceed $10 5 Million
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Finances : Bonnie Qiu, nouvelle présidente de la Mauritius Bankers Association
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Remarks By Mr Ravi Menon, Managing Director, Monetary Authority of Singapore At The MAS Annual Report 2020/2021 Virtual Media Conference On 30 June 2021
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Standard Chartered : Special Report - How Beijing humbled Britain s mighty HSBC
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RPT-SPECIAL REPORT-How Beijing humbled Britain s mighty HSBC Reuters 17 hrs ago
(Repeats story first published on Monday.)
By Sumeet Chatterjee and Engen Tham
HONG KONG/SHANGHAI, June 28 (Reuters) - On a rainy day last November, China Baowu Steel Group, the world s largest steel maker, gathered its finance department for a training session on the outskirts of Shanghai. One highlight was a presentation featuring a sensitive slide: a black list of 60 lenders that the state-owned steel giant had declared off-limits.
Virtually all the lenders branded by China Baowu as too high risk to engage with were troubled Chinese banks, large and small. But at the very end of the list, a copy of which was reviewed by Reuters, there was a single foreign lender, one of the largest banks in the world: HSBC Holdings PLC.