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  • October 2, 2014
  • Last updated: 9:06pm
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Results 1 - 5 of 5 for hsbc restructuring

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  1. Business - Banking & Finance - CURRENCY

    Yuan tumbles to 11-month low, with fears it could fall further still

    Posted Mar 19th 2014, 11:52pm by Jeanny Yu

    ... trading days- they were not defending the renminbi as the market thought they would be," said Ju Wang, senior Asian FX strategist at HSBC. "We see more near-term weakness, ...

  2. News - Hong Kong - CURRENCY

    Vendors 'can't be forced to take HK$1,000 notes' says Monetary Authority

    Posted Jan 22nd 2014, 05:43pm by SAMUEL CHAN

    ... HK$1,000 notes issued by the Bank of China and HSBC surfaced last month. Many shops and restaurants have since put up notices saying that no HK$1,000 notes would be accepted, often regardless ... and 50 purportedly from HSBC- since December 23. More than 150 have been seized in Macau.   ...

  3. Business - Economy - CURRENCY

    HKMA supports Shanghai as onshore yuan hub

    Posted Dec 13th 2012, 12:00am by REN WEI

    ... in Shanghai and Beijing. Anita Fung Yuen-mei, chairwoman of the HKAB- also HSBC chief for Hong Kong- said Hong Kong banks would help mainland counterparts fine-tune their wealth management businesses. ...

  4. Business - Economy - CURRENCY

    A strait yuan trade deal

    Posted Nov 01st 2012, 12:00am by Ralph Jennings

    ... settlement centre, said Paul Mackel, Asian currency research head with HSBC in Hong Kong. "So, we need to get set for more offshore renminbi centres eventually being announced. More offshore ...

  5. Business - Money - CURRENCY

    Yuan investments

    Posted Oct 29th 2012, 12:00am by Jasper Moiseiwitsch

    ... investment product of the day is bank certificates of deposit (CDs), for which yuan rates beat Hong Kong dollar rates by a wide margin. HSBC pays 3.05 per cent for a 12-month yuan CD, versus 1.4 per ...



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