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

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

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.

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