Facebook’s Libra taps ex-HSBC exec as CFO of payments unit

Another former HSBC executive is heading into the Facebook-backed Libra cryptocurrency project, joining as chief financial officer of a unit tasked with handling the projected digi...

Huawei Technologies CFO

Huawei CFO back in Canadian court fighting extradition to the US

Huawei Technologies Chief Financial Officer Meng Wanzhou will be back in a Canadian court today as her lawyers resume their struggle to block the US governments efforts to extradit...

Huawei Technologies CFO

Canada says requirements for Huawei CFO’s extradition to US met

Canada’s attorney general states the prerequisites for extraditing Huawei CFO Meng Wanzhou to the US on charges of financial fraud have been met, documents filed in a British...


EU top court to rule in landmark Facebook case

The top court in Europe will on Thursday rule on the legality of tools companies use to transfer Europeans’ data around the world, in the latest clash between Facebook and Au...


Tencent plans to sell billions of dollars in bonds globally

Chinese social media and gaming titan Tencent Holdings is testing the market’s appetite for a US dollar bond deal it plans to offer, according to a term sheet reviewed by jou...


Facebook’s Libra names HSBC legal chief Stuart Levey as Chief Executive

Libra Association, the entity managing the Facebook Inc-led effort to build global digital currency Libra has appointed Stuart Levey as its first CEO. 


HSBC swaps paper records for blockchain to track $20 billion of assets

LONDON (Reuters) – HSBC aims to shift $20 billion worth of assets to a new blockchain-based custody platform by March, in one of the biggest deployments yet of the widely-hyp...