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  1. China the key to HSBC's success

    Posted Mar 09th 2012, 12:00am

    ... HSBC says the worst is nearly over for the restructuring of its operations in Hong Kong. Generally that is true for the bank as a whole. Most of its woes from the financial crisis stemmed from the US$15.5 billion purchase of a US subprime retail mortgage lender responsible for accumulated losses of US$50 billion. HSBC has been running this business down to the extent ...

    http://www.scmp.com/article/994918/china-key-hsbcs-success
  2. Worst is 'almost over for HSBC in HK'

    Posted Feb 28th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com HSBC says the worst is nearly over for the bank's operations in Hong Kong, as its restructuring plans in the city are to be wrapped up by the end ... while HSBC was cutting staff in Hong Kong, it was also hiring here. The net effect was that the head count in the city dropped by around 180. HSBC is one of the city's largest employers, ...

    http://www.scmp.com/article/993859/worst-almost-over-hsbc-hk
  3. HSBC bullish on China business

    Posted Jul 31st 2012, 12:00am

    ... banks is under 2 per cent. Recently, HSBC apologised for its mistakes in relation to anti-money laundering controls and pledged to restructure and simplify the businesses further. The bank ... Victoria Ruan in Beijing victoria.ruan@scmp.com HSBC, Europe's biggest bank by assets, says it remains 'confident' about its growth in China as the outlook in Europe ...

    http://www.scmp.com/article/1008160/hsbc-bullish-china-business
  4. HSBC cost-cutting plan might affect Asian operations

    Posted May 14th 2011, 12:00am

    ... Tang, executive director of Sun Hung Kai Financial, said HSBC's plan was not just about saving money but was also part of an overall business restructuring. 'If the cost-cutting plan is successful, it would make HSBC more attractive. However, the key is still on its financial performance and overall business restructuring and not simply cost-cutting,' Tong said. The bank ...

    http://www.scmp.com/article/967637/hsbc-cost-cutting-plan-might-affect-asian-operations
  5. Appointments

    Posted Nov 14th 2009, 12:00am by Staff Reporter

    ... and restructuring, advisory, Beijing KPMG China Fan joined the Hong Kong office in 1996 and transferred to the Beijing office last year. His focus for the past 10 years has been on insolvency-related advisory services on the mainland. Galaxy Chan Director, transactions and restructuring, advisory, Hong Kong KPMG China Chan has 14 years experience in restructuring and insolvency engagements, ...

    http://www.scmp.com/article/698263/appointments
  6. On the Move

    Posted Nov 26th 2011, 12:00am

    ... worked in his native Germany, Switzerland, France, India, Dubai, Bahrain, Saudi Arabia, the United States and Brunei. Bernard Rennell Chief executive for North Asia HSBC Private Bank Rennell joined HSBC in Asia-Pacific in July 2000 as head of Bank of Bermuda's private wealth services based in Hong Kong. A former securities lawyer, he was head of private wealth solutions, Asia ...

    http://www.scmp.com/article/985970/move
  7. HK won't be spared as bank cuts jobs

    Posted Aug 03rd 2011, 12:00am

    ... in the US, the crisis in the euro zone and uncertainty in the Middle East. Despite reporting better-thanexpected first-half profit of US$11.1 billion, HSBC is continuing with restructuring plans ... Lulu Chen lulu.chen@scmp.com HSBC staff in the Asia-Pacific region, including Hong Kong, may not be spared as the bank cuts 30,000 jobs. Chief executive Stuart Gulliver warned yesterday ...

    http://www.scmp.com/article/975211/hk-wont-be-spared-bank-cuts-jobs
  8. Business - Banking & Finance - BANKING

    Expectations high as results season begins for banks

    Posted Feb 26th 2013, 12:00am by KANIS LI

    ... and a better capital position after a HK$3.3 billion private placement to its shareholder, the Japanese bank Sumitomo Mitsui, in December. BEA's bigger competitor, HSBC, is scheduled to post its results on March 4. After 46 sales of assets and closures of businesses globally since 2011, HSBC is now a more streamlined business, and the challenge for HSBC's chief executive, Stuart ...

    http://www.scmp.com/business/banking-finance/article/1158650/expectations-high-results-season-begins-banks
  9. Restructuring plan faces race against time

    Posted Jun 16th 2012, 12:00am

    ... restructuring plan before he takes over as chief executive in two weeks. Meetings scheduled to last 22 hours will be held by Tuesday, but it remains unclear whether Leung will get his wish- ... bill, plan to move nearly 1,000 motions on the restructuring in an attempt to delay its passage. The motions are subject to the approval of committee chairwoman Emily Lau Wai-hing ...

    http://www.scmp.com/article/1004092/restructuring-plan-faces-race-against-time
  10. Sustainable housing policy a priority for restructured government bureaus

    Posted Jun 07th 2012, 12:00am

    ... of usable land for commercial, industrial, community, private residential, cultural and other development purposes. I therefore support the restructuring of the Development Bureau and the Transport ...

    http://www.scmp.com/article/1003241/sustainable-housing-policy-priority-restructured-government-bureaus

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