HSBC Holdings detailed a new structure for its investment-banking unit to enlarge the scope of the business to encompass its largest corporate clients, four months after it hired Matthew Westerman from Goldman Sachs Group to help lead it.
Indonesia's president Wednesday approved tough new punishments for child sex offenders, including a maximum penalty of death and chemical castration, after the brutal gang-rape and murder of a schoolgirl.
The Middle East and North Africa (Mena) region witnessed only two IPOs raising $615mn in Q1, 2016, representing another quarter with limited IPO activity, according to EY.
Cricketing great Jacques Kallis has said he is “embarrassed” to be South African after the government banned four sports federations from bidding for international tournaments for failing to pick enough black players.
Gujarat Lions edged out a spirited Delhi Daredevils by one run in a thrilling Indian Premier League (IPL) clash that went right down to the last ball at the Ferozshah Kotla Stadium here yesterday.
Manchester United manager Louis van Gaal thanked executive vice chairman Ed Woodward for his support yesterday as he denied reports he had offered to resign.