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CNBC Worldwide Exchange February 8, 2013 - Vimarsana News

CNBC Worldwide Exchange February 8, 2013

Hello. Welcome to the final Worldwide Exchange of the week. Im ross westgate. And im kelly evans. These are your headlines from around the world. Eu leaders are nearing a historical deal in brussels which could see the regions spending reduced for the first time. Chinese trade going gang bust ner january while inflationary pressures ease off thanks in part to the Lunar New Year effect. This company must not disappear. Thats the french government. It says it may invest in peugeot. And the yen says the currency has weakened too much. Welcome to the final program of the week. Im pleased weve got ...

Yoho seeks up to US$300 million in IPO, as Hong Kong e-commerce start-up eyes China expansion via JD.com, Tmall - Vimarsana News

Yoho seeks up to US$300 million in IPO, as Hong Kong e-commerce start-up eyes China expansion via JD.com, Tmall

A beneficiary of the government’s co-investment fund, Hong Kong e-commerce player Yoho Group hopes to raise up to US$18.2 million for China expansion while braving a market slump.

Source: scmp.com
HSBC to exit loss-making U.S. retail banking as part of Asia pivot - Vimarsana News

HSBC to exit loss-making U.S. retail banking as part of Asia pivot

Article content HONG KONG — HSBC announced it is withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business and winding down others, a long-awaited move as the lender steps up a shift in focus to Asia, its biggest market. Europe’s biggest bank has for years been trying to shrink its presence in some European and North American markets where it has struggled against competition from larger domestic players. We apologize, but this video has failed to load. Try refreshing your browser, or HSBC to exit loss-making U.S. retail banking as part of Asia p...

HSBC to exit subscale U.S. retail banking as part of pivot to Asia - Vimarsana News

HSBC to exit subscale U.S. retail banking as part of pivot to Asia

HSBC (HSBA.L) announced it is withdrawing from U.S. mass market retail banking by selling some parts of its business and winding down others, in a long awaited move as the lender pushes ahead with a shift in focus to Asia, its biggest market.

HSBC to exit US retail banking, focus on Asia - Vimarsana News

HSBC to exit US retail banking, focus on Asia

HSBC announced it is withdrawing from U.S. mass market retail banking by selling some parts of its business and winding down others, in a long awaited move as the lender pushes ahead with a shift in focus to Asia, its biggest market.