Highest-ranking ex-official Donald Tsang jailed for 20 months

Highest-ranking ex-official Donald Tsang jailed for 20 months

Former Hong Kong chief executive Donald Tsang, the highest-ranking ex-official to be charged in history, was sentenced to 20 months imprisonment on 22 February. The nine-person jury on Friday found Tsang guilty of a charge of misconduct in public office. Feb 22, 2017
HSBC profits dramatically fall by 62%

HSBC profits dramatically fall by 62%

Europes largest bank posted HSBC’s profits have slumped by 62% in a year, blaming significant and largely unexpected economic and political events. The bank posted an annual pre-tax profit of $7.1bn (£5.7bn, €6.7bn), far lower than the $18.9bn (€17.8bn, £15bn) it reported a year ago. Feb 21, 2017