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  • October 3, 2014
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Results 1 - 10 of 14 for hsbc restructuring

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  1. Business - Comment - LAI SEE HOWARD WINN

    HSBC goes for cooler image at the Sevens this year

    Posted Mar 14th 2014, 12:53am by Howard Winn

    ... Howard Winn With the Hong Kong rugby Sevens extravaganza due to erupt in Hong Kong at the end of the month the principal sponsors HSBC and Cathay Pacific have been firing up their multimedia packages. As befits the times success lies in impact in the stadium and social media. The themes of both sponsors incorporate a Twitter-ready hash tag. For HSBC it is #Bringyourgame while ...

  2. Business - Comment - LAI SEE HOWARD WINN

    The 64,000-dollar question about HSBC's ATM cards

    Posted Nov 08th 2013, 01:49am by Howard Winn

    ... Howard Winn The HSBC automated teller machine card story will not go away. Readers will recall that for many months HSBC customers were unable to use their ATM cards outside Asia because it was linked to the UnionPay payment network, which is virtually useless outside Asia. After several months of scathing criticism from severely irritated customers, HSBC eventually bowed ...

  3. Business - Comment - LAI SEE HOWARD WINN

    Hong Kong is struggling with a 48-year-old problem

    Posted May 23rd 2014, 12:47am by Howard Winn

    ... HSBC's Asia Securities unit in March, according to the website eFinancialCareers. But headhunters in Hong Kong and the mainland are now handling inquiries from people at mainland banks who have ...

  4. Business - Comment - LAI SEE HOWARD WINN

    Annals of HSBC's China UnionPay fiasco: more tales of ATM card woe

    Posted Jul 26th 2013, 12:00am by Howard Winn

    ... Howard Winn We continue to hear of tales of woe from readers attempting to use their new HSBC ATM cards linked to the China UnionPay payment network. One reports trying to use his card in Paris only to find that it didn't work. He then tried to use his HSBC credit card, which resulted in the message "insufficient funds". He says it was unclear whether the message ...

  5. Business - Comment - LAI SEE HOWARD WINN

    HSBC pays big bonuses while admitting to money laundering

    Posted Mar 05th 2013, 12:00am by Howard Winn

    ... Howard Winn howard.winn@scmp.com So HSBC paid 204 of its staff more than £1 million (HK$11.7 million) each in bonuses for the financial year just gone, we learned from its results ... jailed for 21 months for laundering HK$1.2 million, and another got 10-and-a-half years for laundering HK$13.1 billion, a drop in the bucket compared to HSBC's crimes. The US Department ...

  6. Business - Comment - LAI SEE HOWARD WINN

    Is Hong Kong the world's capital of money laundering?

    Posted Dec 11th 2012, 12:00am by Howard Winn

    ... Howard Winn During a recent conversation with someone of financial disposition, we touched on the subject of money laundering. We spoke of HSBC and its travails but our friend said a more interesting angle was the amount of cash finding its way to Hong Kong from the mainland. The informality of such arrangements makes it difficult to assess the sums of cash involved. But our friend ...

  7. Business - Comment - LAI SEE HOWARD WINN

    The Prosecutions division is not rotten, says DPP

    Posted Dec 07th 2012, 12:00am by Howard Winn

    ... division.   Citi v HSBC What to make of Citibank's decision to cut six out of its 46 branches in Hong Kong as part of the massive 11,000 cuts it is planning. CLSA's Mike Mayo, Citi's ... put a bit of a dampener on Citi's ambitions to chase after HSBC's lead in Hong Kong.   Comply or leave The reach of US regulatory authorities across the world in matters ...

  8. Business - Comment - LAI SEE HOWARD WINN

    Chicken feet give Savannah a big foot in the shipping door

    Posted Dec 08th 2012, 12:00am by Howard Winn

    ... and call-centre staff at HSBC, Royal Bank of Scotland, Lloyds Banking Group, Barclays and Santander. More than 550 bank staff were interviewed, of which 371 where in sales and of those, 298 said they had ...

  9. Business - Comment - LAI SEE HOWARD WINN

    TV companies finally provide entertainment- but only off-air

    Posted Nov 28th 2012, 12:00am by Howard Winn

    ... the instructions even though the name of the beneficiary differed from the one she had been communicating with. Then she received a letter from HSBC saying that a bank in Nigeria said that it had sent the money in error and HSBC wanted permission to send the money back. She did not give permission and sent the bank her Western Union receipts showing she had not profited from the transaction. ...

  10. Business - Comment - LAI SEE HOWARD WINN

    Clive Palmer's Citic Pacific suit adds to his China risk

    Posted Nov 21st 2012, 12:00am by Howard Winn

    ... on HSBC's possible sale of its stake in Ping An Insurance, we inadvertently transposed the figures for HSBC's stake to read 51.6 per cent instead of 15.6 per cent. As the Koreans say: ...




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