Category: Ping An Insurance Co

HSBC Shareholders Defeat Ping An-Backed Measures

The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn’t taking full advantage of its profitable Asia unit.
PacWest’s Plunge Reignites Fears About America’s Regional Banks

The regional lender said it is weighing its options, after its shares fell despite assertions by the Federal Reserve that the recent bank crisis is contained.
Born in Asia but Based in Britain, HSBC Fights to Stay in One Piece

The global bank’s biggest shareholder, the giant Chinese insurer Ping An, wants HSBC to spin off its profitable Asian operation.
A Tax Break Could Save Fox Millions In Its Dominion Settlement

The payout by Rupert Murdoch’s media empire to settle defamation claims by the voting machine company may be less costly than first thought.

HSBC Shareholders Defeat Ping An-Backed Measures