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  • October 21, 2014
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  1. Business - Comment - LAI SEE

    HSBC distances itself from David Eldon's blog

    Posted Oct 15th 2014, 05:11am by Howard Winn

    ... of an altogether more popular person in the shape of Carrie Lam." Eldon returned to banking in 2011 and currently holds the positions of non-executive chairman of HSBC Bank Middle East, HSBC Bank Oman SAOG, and is chairman of HSBC's Global Commercial Bank Risk Committee. It is for this reason no doubt that HSBC somewhat belatedly on Monday issued a press statement: "HSBC notes ...

    http://www.scmp.com/business/article/1616464/hsbc-distances-itself-david-eldons-blog
  2. Business - Comment - LAI SEE

    Leung needs wow factor to defuse umbrella movement

    Posted Oct 17th 2014, 05:29am by Howard Winn

    ... demands for universal suffrage. He needs to think big and come up with something that will wow people. But we are not holding our breath.   Old habits A reader has pointed out that although HSBC Holdings and Hang Seng Bank announced their dividends at the same time, HSBC paid its shareholders a month later than Hang Seng. Another way of hanging on to your money longer than necessary ...

    http://www.scmp.com/business/article/1617905/leung-needs-wow-factor-defuse-umbrella-movement
  3. Business - Comment - LAI SEE

    HSBC action to put hunger strikers out of their misery

    Posted Apr 11th 2014, 12:29am by Howard Winn

    ... Howard Winn HSBC has taken legal action against the pan-democrat hunger strikers encamped on the ground floor of its headquarters at 1 Queen's Road Central. It took out a summons ... appears to have atrophied significantly since the days of the pre-Benny Tai Occupy Central movement. That protest lasted about nine months before HSBC felt sufficiently emboldened to go ...

    http://www.scmp.com/business/article/1474467/hsbc-action-put-hunger-strikers-out-their-misery
  4. Business - LAI SEE

    Solution found for US chicken and egg problem

    Posted Jul 10th 2014, 04:55am by Howard Winn

    ... the difference between England and a teabag? A teabag stays in the cup for longer.   HSBC tops the cost cuts The best jobs in banking are to be found in the US, at least according to research by Morgan ... per cent followed by JP Morgan at 60 per cent, and Citi and Bank of America Merrill Lynch at 59 per cent. However, the best bank in this respect was none other than our own HSBC at 53 per ...

    http://www.scmp.com/business/article/1550666/solution-found-us-chicken-and-egg-problem
  5. Business - LAI SEE

    Old school politician Macfarlane tells it like it is on carbon tax

    Posted Jul 01st 2014, 04:05am by Howard Winn

    ... for helping Americans hide money from the taxman. In January JP Morgan paid US$1.7 billion to settle US claims related to its involvement with Bernard Madoff's Ponzi scheme. In 2012, HSBC paid ...

    http://www.scmp.com/business/article/1543891/old-school-politician-macfarlane-tells-it-it-carbon-tax
  6. Business - Comment - LAI SEE

    From Domani to The Continental

    Posted Jun 07th 2014, 01:05am by Howard Winn

    ... (HK$565 million) to fund its future operations, says the online newsletter Week In China (WIC) which is distributed to HSBC clients. In recent months investors have been chasing military themes ... to Henry Tang's wife, Lisa Kuo Yu-chin, for her illegal basement.   HSBC pulls down the shutters A reader notes that while thousands sat in Victoria Park to commemorate the 25th anniversary ...

    http://www.scmp.com/business/article/1527027/domani-continental
  7. Business - Comment - LAI SEE

    Maybe mainland visitors aren't so bad after all

    Posted May 29th 2014, 01:01am by Howard Winn

    ... is double-edged since a small turnout will embolden the government to press ahead with the scheme.   Moves at HSBC HSBC's Russell Julius, head of banking for Asia-Pacific, is to return to London. He ...

    http://www.scmp.com/business/article/1520674/maybe-mainland-visitors-arent-so-bad-after-all
  8. Business - Comment - LAI SEE

    HSBC finally gives customers new ATM card after UnionPay debacle

    Posted Oct 08th 2013, 12:00am by Howard Winn

    ... Howard Winn The wait is over for HSBC's long-suffering customers who have been unable to withdraw cash in many countries, particularly outside Asia. We understand the bank will today ... system. The arrival of the new card, will, hopefully, bring to an end what has been a hugely embarrassing saga for HSBC. Lai See received numerous complaints from HSBC customers who, on arriving ...

    http://www.scmp.com/business/article/1326685/hsbc-finally-gives-customers-new-atm-card-after-unionpay-debacle
  9. Business - Comment - LAI SEE

    Bali part of Indonesia shock

    Posted May 10th 2014, 12:50am by Howard Winn

    ... and sometimes maddening foibles." The letter below is something of a surprise since it involves HSBC which used to style itself as the "The world's local bank." Sir- I am currently on holiday in Bali. On Tuesday I had my HSBC bank debit card stopped and received an urgent voicemail asking me to ring the HSBC fraud office. I did this, and was informed: "You told us that you ...

    http://www.scmp.com/business/article/1508673/bali-part-indonesia-shock
  10. Business - Comment - LAI SEE

    Antarctic mystery heats up with ships trapped in ice

    Posted Jan 08th 2014, 03:36am by Howard Winn

    ... of how we should view the constant restructuring that has been under way at investment banks over the past year. Come back tomorrow or ideally in five years' time. Monster banks like JPMorgan, Citi and HSBC have hoovered up market share. Goldman Sachs has made an impressive comeback, while others such as Barclays and DBS have so far struggled to get to grips with the new order. ...

    http://www.scmp.com/business/article/1400130/antarctic-mystery-heats-ships-trapped-ice

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