Salaries for banks’ risk and compliance officers in Singapore and Hong Kong rose at about twice the pace of pay for similar positions at New York and London firms amid a shortage of skilled staff members, a recruiter said.
Citigroup Inc., HSBC Holdings Plc and Standard Chartered Plc signaled interest in a proposed free trade zone for Shanghai as China’s leaders seek to revamp the world’s second-largest economy to bolster growth.
Former Illinois Governor Rod Blagojevich’s 14-year prison sentence should send the message that the public and judges are fed up with the state’s history of corruption, said the U.S. Attorney who prosecuted the case.
Occupy Central protesters in Hong Kong defied a 9 p.m. deadline last night to leave HSBC Holdings Plc’s Asian headquarters where they have spent more than 10 months demonstrating against income inequality.
HSBC Holdings Plc asked protesters of the Occupy Central movement in Hong Kong to leave the premises of its Asian headquarters after an eight-month stay, as similar groups in London and New York were evicted.