BRITISH insurer and asset manager Legal & General has shelved a plan to obtain a China business licence and more than halved onshore headcount, two sources said, joining a list of global financial firms scaling back in an uncertain market.
- Advertisement -
Most Popular
Higher-for-longer US rates could boost Singapore banks’ earnings beyond 2026: analysts
A hawkish Fed could be good news for DBS, OCBC and UOB, even as benefits may not be equal across the sector
