HSBC HSBA.L shareholders face a future of paltry payouts when regulators restore its powers to pay dividends as the bank’s bosses press on with a costly revamp against a backdrop of a global recession and the threat of negative interest rates.

Ant plans digital roadshow to keep the show going during Covid-19 pandemic; expects greater efficiency and shortened timetable
Ant faces challenge meshing together Hong Kong and Shanghai regulatory and settlement timetables

Charles Li Xiaojia will bring forward his retirement and step down as the head of Hong Kong’s stock exchange operator 10 months before his contract expires, in a surprise announcement that fuels speculation about his successor at the helm of Asia’s third-largest stock market.

Some of the world’s top banks have been found to be complicit in aiding criminals move $2 trillion in dirty money around the world, according to leaked government files.

Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over nearly two decades.