• Friday
  • August 22, 2014
  • Last updated: 2:00am
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 169 for hsbc restructuring

Related topics matching your search

Search results

  1. Moulin creditors hopeful of rescue

    Posted Jun 24th 2005, 12:00am by Enoch Yiu, Toh Han Shih

    ... Toh Han Shih and Enoch Yiu Queue of creditor banks nearly doubles in length as negotiations over restructuring and bailout begin Moulin Global Eyecare Holdings was placed in provisional liquidation yesterday, with creditor banks hoping that a rescue of the troubled company will salvage billions in outstanding loans. There were now 29 banks, led by HSBC Holdings, negotiating ...

  2. Opportunity knocks for Hongkong Post

    Posted Jun 23rd 2005, 12:00am by Louis Beckerling

    ... Precedents for far more adventurous forays by post offices into the provision of banking services are in place around the world, not least on the mainland, where China Post is being restructured ... from Japan Post, also undergoing a major restructuring, passed through Hong Kong last month on their way to exchange views with their counterparts in China on how best to manage hiving off its ...

  3. In Brief

    Posted Jan 17th 2005, 12:00am by Staff Reporter

    ... wages protected in HSBC revamp, says chief Wages were not cut as HSBC reduced the number of its staffing grades from 22 to eight, company chairman David Eldon said at the weekend. Instead, Mr Eldon said, the administrative restructuring had made most employees eligible for a pay rise. Under the banking giant's new structure, the number of staff receiving a pay rise ...

  4. Underwriters compete for role in Air China share offer

    Posted Dec 17th 2003, 12:00am by Staff Reporter

    ... Bei Hu Flagship carrier aims to raise up to US$1 billion but final size depends on planned debt restructuring Air China held a beauty parade in Beijing yesterday for underwriters seeking to help the mainland's flagship carrier with its proposed overseas share sale, which may raise up to US$1 billion next year. Bankers from Goldman Sachs, Merrill Lynch, UBS and HSBC vied ...

  5. PCCW, Telstra settle Reach debt

    Posted Jun 18th 2004, 12:00am by Staff Reporter

    ... to their undersea cable joint venture for just $311 million, which should put the operation on a firmer financial footing. Reach lenders, including HSBC, ANZ Bank and Barclays, will receive 25.9 cents ... in the industry. The equal joint venture borrowed US$1.5 billion from banks. Last year, the lenders agreed to restructure the loans in return for an immediate repayment of US$300 million. With the previous ...

  6. Banking on real reform

    Posted Jul 01st 2005, 12:00am by Hu Shuli

    ... and with hardly any serious intention of long-term investing. The recent spate of activity, however, is for real. HSBC's investment last August in the Bank of Communications, and the latest deal ... in the same glowing light as HSBC's investment in the Bank of Communications. They claim that investors will shower CCB's shares with the same enthusiasm as they showed for those from ...

  7. HSBC to strengthen grip on Ping An

    Posted Jun 08th 2004, 12:00am by Christine Chan

    ... Christine Chan and Nichole Chan The bank will become the largest shareholder in the mainland insurer HSBC Holdings is expected to be the single largest investor in China's Ping ... at tapping up to HK$16.48 billion through the listing. The listing document notes that HSBC is 'assumed' to be ready to buy shares worth HK$1.49 billion, leaving it with a 9.9 per cent ...

  8. HSBC buys into Fujian lender

    Posted Dec 30th 2003, 12:00am by Jane Moir

    ... Jane Moir A 50pc share in a small bank widens the global giant's reach in a sector that is opening up to foreign competition HSBC is to pay up to US$20 million for a 50 per cent stake ... into the lender, taking its paid-up capital to US$50 million and diluting HSBC's stake to 27 per cent. Fujian Asia Bank was set up in 1993 as a 50-50 joint venture between Central Asia Capital, a Hong ...

  9. HSBC eyes greater stake as Ping An gets set for HK sale

    Posted Nov 06th 2003, 12:00am by Staff Reporter

    ... sale in Hong Kong early next year. Ping An made headlines in October last year when HSBC bought a 10 per cent stake in the insurance giant for US$600 million- a move designed to increase ... the bank's Hong Kong unit will be able to take up to 24.9 per cent of a Chinese insurer. The prospect of HSBC taking a higher stake in Ping An looks increasingly likely. The bank revealed last month ...

  10. Bocom names HSBC's Yip as vice-president

    Posted Apr 23rd 2005, 12:00am by Louis Beckerling

    ... Louis Beckerling and Bei Hu HSBC Holdings' China chief executive, Dicky Yip, has been appointed vice-president of the Bank of Communications (Bocom), the mainland lender in which it acquired a 19.9 per cent stake for US$1.74 billion in August last year. The appointment completes senior staffing agreements reached under the terms of the acquisition which entitled HSBC to put ...




SCMP.com Account