The London-based bank is also unlikely to expand in markets such as China soon and instead plans to focus on improving its U.K. business, C.S. Venkatakrishnan says

Downgraded outlook comes as the country sticks to tough zero-Covid curbs and lockdowns to control a worsening virus outbreak

The distressed developer’s Hong Kong shares fell as much as 7% in early trading after the ratings agency said it was teetering on the brink

‘Honest and straightforward,’ Jin welcomed foreign knowhow and kept a watchful eye on global capital markets, writes Primus Pacific Partners Chairman Huan Guocang

Departure of Barclays’ China debt business head coincides with rising risk of bond defaults by China Energy Reserve; bank denies link

Bulls say Alibaba-backed fintech firm could be worth up to $150 billion