HSBC Holdings is acquiring Citigroup’s retail wealth management business in mainland China, accelerating its push in the world’s second-largest economy.The portfolio comprises US$3.6 billion in assets and deposits, with customers in 11 major cities, according to a statement from the London-headquartered bank on Monday. The deal excludes Citi’s credit cards, mortgage and other loan portfolios in mainland China.
The acquired business will be integrated with HSBC’s China’s wealth and personal banking operations, the bank said. Read More...
A man’s headless body was found in a love hotel in Japan. He was last seen alive while entering the building with a person dressed in women’s clothing.
The man, identified by police as Hitoshi Ura, was found dead in a love hotel on July 2, according to local newspaper The Japan Times. The incident occurred in Sapporo, on the northern Japanese island of Hokkaido.
On Sunday, near the love hotel, police officers approached pedestrians in search of evidence that could lead to the arrest of the perpetrator, according to the Japanese newspaper The Asahi newspaper. Read More...
Source: Bbc.co.uk Duncan Bannatyne is a well-known figure in the world of business and entertainment. As a successful entrepreneur, investor, and television personality, he has captured the attention of many with his intriguing journey to success. In this article, we will uncover 16 fascinating facts about Duncan Bannatyne that showcase his determination, resilience, and passion for both business and personal growth. From his humble beginnings to his rise as a multi-millionaire, Duncan Bannatyne’s story is one that inspires and captivates. Read More...