Published 1 year ago

Hong Kong on watch for any 'spillover' from US regional banks

Summary by Ground News

Hong Kong needs to watch carefully for any further "spillover" from U.S. regional banks. The city has very little exposure to the situation in European and U.s. financial institutions, Hong Kong Monetary Authority says. Eddie Yue, the chief of Hong Kong's de facto central bank, said the city has little Exposure to Additional Tier 1 bonds.

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Reuters

Hong Kong on watch for any 'spillover' from US regional banks

Hong Kong needs to watch carefully for any further "spillover" from U.S. regional banks, although the city has very little exposure to the situation in European and U.S. financial institutions, the Hong Kong Monetary Authority said on Friday.

1 year ago·United Kingdom

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Channel News Asia

Hong Kong on watch for any 'spillover' from US regional banks

HONG KONG : Hong Kong needs to watch carefully for any further "spillover" from U.S. regional banks, although the city has very little exposure to the situation in European and U.S. financial institutions, the Hong Kong Monetary Authority said on Friday. The failure of two U.S. banks and a crisis at Credit

1 year ago·Singapore

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Firstpost News

Hong Kong on watch for any 'spillover' from US regional banks

Asian policymakers are scrambling to calm investor nerves about AT1 bonds after holdings of such Credit Suisse bonds were written down to zero, but the ongoing market turbulence is likely to keep a lid on fresh debt issuance

1 year ago·Mumbai, India

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