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Results 1 - 10 of 208 for heads of state

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  1. Business - Banking & Finance - BANKING

    Top state bank bosses motivated by government prospects

    Posted Sep 10th 2014, 04:05am by DON WEINLAND

    ... the head of banking and capital markets at PricewaterhouseCoopers in Shanghai. "Staying in a state-owned enterprise will keep people closer to the Communist Party." This is why talk ... Don Weinland don.weinland@scmp.com Party links key motivation for top executives When state bank executives bargain for promotion, they do not always talk salary. The mainland's ...

    http://www.scmp.com/business/banking-finance/article/1588905/top-state-bank-bosses-motivated-government-prospects
  2. Business - Banking & Finance - BANKING

    Zhang Hongli lawsuit 'will hurt Deutsche Bank's ICBC relationship'

    Posted Aug 25th 2014, 03:33am by DON WEINLAND

    ... operations and head of global banking in Asia between 2001 and 2010. Zhang was the first senior executive at a foreign bank to move to a top position at a mainland state bank. People that spoke ... as Zhang, said. "He was always known as being well connected with lots of [communist] party contacts." Senior executives at mainland state banks are often Communist Party members. Lending ...

    http://www.scmp.com/news/article/1580475/zhang-hongli-lawsuit-will-hurt-deutsche-banks-icbc-relationship
  3. Business - Banking & Finance - BANKING

    European Central Bank cuts interest rates to record low

    Posted Sep 04th 2014, 11:56pm by Reuters

    ... "The ECB put a twist on what everyone was thinking, cutting the main rates and deposits, the type of policy easing that's positive for the market," Stephen Carl, principal and head ...

    http://www.scmp.com/business/banking-finance/article/1585437/european-central-bank-cuts-interest-rates-record-low
  4. Business - Banking & Finance - BANKING

    Programme eyes new solutions in Asia-Pacific banking from start-ups

    Posted Sep 01st 2014, 04:21am by BIEN PEREZ

    ... of cutting-edge services that our customers in China demand," said Richard Lee, head of the strategic consulting department of Ping An Technology, said. Global investment in financial technology ...

    http://www.scmp.com/business/banking-finance/article/1582413/programme-eyes-new-solutions-asia-pacific-banking-start-ups
  5. News - World - BANKING

    Bank of America to pay US$16 billion over flawed security mortgages

    Posted Aug 22nd 2014, 01:26am by GDN

    ... with a single entity in American history," associate attorney general Tony West said. The bank will pay US$9.65 billion in cash to the Justice Department, six US states and other government ...

    http://www.scmp.com/news/world/article/1578802/bank-america-pay-us16-billion-over-flawed-security-mortgages
  6. Business - Banking & Finance - BANKING

    Agricultural Bank, BOC to raise up to US$29b worth of preference shares

    Posted Aug 15th 2014, 09:41am by Toh Han Shih, DON WEINLAND

    ... a total of up to 300 billion yuan, a portion of which would be in preferred shares. The funds would be added to the state-owned banks' tier-one capital as the mainland's biggest ...

    http://www.scmp.com/business/banking-finance/article/1574123/agricultural-bank-boc-raise-140b-yuan-preference-shares
  7. Business - Money - BANKING

    China’s Big Four lenders have 1.5tr yuan gap in deposits

    Posted Aug 05th 2014, 07:31pm by DON WEINLAND

    ... management funds to fall briefly on the books at the end of the quarter, creating what Shen Jianguang, head of China research at Mizuho Securities, called "artificial deposits". The surge ...

    http://www.scmp.com/business/money/article/1567032/chinas-big-four-lenders-have-15tr-yuan-gap-deposits
  8. Business - Banking & Finance - BANKING

    Bocom in reform push for increased private ownership

    Posted Jul 29th 2014, 01:05am by DON WEINLAND

    ... of Communications is "actively researching" reforms that will allow the state lender to take on increased private ownership, it said yesterday. Shares of the mainland's fifth-largest bank rose nearly 10 per cent in Shanghai yesterday and other state lenders outperformed the market as talk of an imminent shift in shareholding structure in the banking sector intensified before ...

    http://www.scmp.com/business/banking-finance/article/1561438/bocom-reform-push-increased-private-ownership
  9. Business - Banking & Finance - BANKING

    Move on loan-deposit ratio in China comes with risks

    Posted Jul 07th 2014, 05:26am by DON WEINLAND

    ... Lynch data showed. China Merchants Bank hit 77 per cent and Bank of China was at 74 per cent. The connection between top bankers and the heads of state-owned firms is still tight. If the ratios ... Don Weinland don.weinland@scmp.com After Beijing's easing of loan-deposit ratio calculations, further steps must tie in with reforms of local government and state firms Move on key ...

    http://www.scmp.com/business/banking-finance/article/1548270/move-loan-deposit-ratio-china-comes-risks
  10. Business - Banking & Finance - BANKING

    Tencent gets official approval to create private bank in Qianhai

    Posted Jul 26th 2014, 01:39am by DON WEINLAND

    ... to compete head-to-head with rivals in mobile bank services. The regulator also approved two other private banks, in Wenzhou and Tianjin, according to a statement posted on its website. Tencent ...

    http://www.scmp.com/business/banking-finance/article/1559390/tencent-gets-official-approval-create-private-bank-qianhai

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