Hello, it’s Cathy in Hong Kong. I’ve been covering global banks’ campaign to build franchises in China for many years, and let me tell you, they’ve rarely been as downbeat about their prospects in the Middle Kingdom as they are today. Rules are tightening around everything from compensation to data. In other news, Prologis’s latest bid is accepted by Duke, and London buses draw takeover interest.
Today’s top stories
- London’s red bus operator Go-Ahead
accepts takeover bid.
- Prologis wins Duke realty bid as deal
boosted to $26 billion .
- HSBC may
unlock $26.5 billion in Asia spinoff.
- Genstar
buys a stake in AmeriLife ...
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