Seoul’s Yeouido financial district is set for a major transformation as the city approves landmark skyscraper projects with a record 1,000% floor-area ratio, narrowing the gap with Hong Kong and Singapore and advancing its goal to become a top global financial hub.
#YonhapInfomax #Yeouido #FloorAreaRatio #KiwoomSecurities #FinancialHub #SkyscraperDevelopment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69612

Woori Bank's Investment Banking division, comprising 140 staff, set to relocate to Yeouido's Park One Tower, aiming to boost synergies with affiliates and expand financial market presence.
#YonhapInfomax #WooriBank #InvestmentBanking #Yeouido #FinancialHub #CorporateBanking #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50664

At stake is the future of one of the world’s most important finance hubs. #HongKong is both a key fundraising center for #ChineseCompanies seeking access to international #CapitalMarkets and the primary conduit for foreign firms to invest in #China.

But the need for Hong Kong to restore its appeal is becoming urgent.

Hong Kong's new #SecurityLaw only deepens challenges for #FinancialHub
https://www.japantimes.co.jp/business/2024/03/20/hong-kong-financial-hub-security-law/

Bandhan Bank Takes Over 12 Offices in Mumbai's Financial Hub for Rs 135 Crore
#BandhanBank #BKCBandraKurlaComplex #Financialhub #Mumbai #Trending
Bandhan Bank Takes Over 12 Offices: Leading Indian banking company Bandhan Bank took a bold step to increase its profile in Mumbai, the country’s financial hub, by paying an incredible Rs 135 crore to purchase 12 prime offices at the renowned Bandra Kurla Complex (BKC). With this calculated acquisition, Bandhan Bank is t...
http://tinyurl.com/2yyaxowc

#LetterOfTheWeek: Protect #Singapore’s reputation as a global #financialhub
"Is it time to review aspects of our business-friendly environment tt make it easy for people to set up company & (hide #moneylaundering)? .. Did real estate agencies, banks & financial institutions involved in the activities of the 10 arrested people place quick profits ahead of stringent #duediligence? Anyone found guilty of knowingly facilitating dubious transactions shld be brought to justice"
https://www.straitstimes.com/opinion/forum/letter-of-the-week-protect-singapore-s-reputation-as-a-global-financial-hub

Opinion piece in The Straits Times comparing the Singapore and Hong Kong markets and now they both employ different strategies and aren’t really competing with one another for single dominance. I agree, there’s room for both as there is less overlap than some May suggest. But I’m no economist… “Battle of the Asian tigers? Hong Kong and Singapore shouldn’t buy into the myth”
https://www.straitstimes.com/opinion/battle-of-the-asian-tigers-hong-kong-and-singapore-shouldn-t-buy-into-the-myth #singapore #hongkong #financialhub #asean