Finance

Alibaba raised US$11 billion in Hong Kong trading debut

Alibaba Group CEO Daniel Zhang: “As a result of the continuous innovation and changes to the Hong Kong capital market, we are able to realise what we regrettably missed out on five years ago. Today, we realised what we said then: ‘When conditions allow, we will come back to Hong Kong.’”

Westpac CEO Brian Hartzer to stand down

Since the AUSTRAC scandal broke, the Westpac board held at least two board meetings with Australian Prime Minister Scott Morrison demanding the board show some accountability.

Westpac charged with breaching anti-money laundering laws

Westpac had previously disclosed to the Australian Stock Exchange in its full-year 2018 and 2019 half-year accounts that it could be fined for failure to report a large number of International Funds Transfer Instructions as required under the law.

Alibaba to have biggest IPO listing of the year

Order books for its US$12 billion Hong Kong share sale have already been covered "multiple times", sources with direct knowledge of the matter said last Friday, as the e-commerce group kicked off its campaign for the secondary listing.

Women who left KPMG over bullying start rival firm

"The business will allow minorities and women who walked out of the market to feel like they want to work in it. Many feel like they cannot participate in this market. We will bring proper diversity into this market,” said Ina