 | | | | Hong Kong's Bank of East Asia Ltd said on Friday it intends to buy back 8.43% of its total issued shares worth HK$2.904 billion ($372.65 million) owned by hedge fund Elliot Investment Management's affiliated entities. | | | | | | The Securities and Futures Commission is also launching disciplinary proceedings against some former senior managers at Citigroup Global Markets Asia Limited. | | | | | | Lending to euro zone companies accelerated for the fourth straight month in December, reversing a mid-year dip, European Central Bank data showed on Friday. | | | | | | The mood has shifted dramatically a year since a spectacular rally in shares of GameStop captivated Wall Street, launching a mania for so-called meme stocks and putting the spotlight on retail investors as a force to be reckoned with in markets. | | | | | | Japan must cooperate with Europe and the United States in creating a global standard on the technical aspects of issuing a central bank digital currency (CBDC), the chief of Japan's central bank said on Friday. | | | | | | DBS Group has agreed to pay S$956 million ($706.6 million) for Citigroup's consumer business in Taiwan, making the Singapore lender the largest foreign bank in Taiwan by assets as it shores up regional acquisitions to power growth. | | | | | | Mastercard Inc beat quarterly profit estimates on Thursday as an uptick in international travel powered card spending and said a recent drag on cross-border travel from the Omicron variant was unlikely to persist. | | | | | | Public companies in the United States would be required to disclose how the pay of their top executives squares with their overall performance under a Securities and Exchange Commission rule proposed on Thursday. | | | | | | U.S. banks will enjoy stronger growth this year from their "bread-and-butter" business of taking deposits and lending money as the U.S. economy expands and the Federal Reserve prepares to raise interest rates for the first time in three years. | | | | | | Hedge funds that specialize in picking stocks started 2022 with losses, investors and research firms said this week as markets went on a rollercoaster ride fueled by fears of rising interest rates and geopolitical turmoil. | | | | | |
