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  • September 23, 2014
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Results 1 - 10 of 181 for hsbc restructuring

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  1. Business - Banking & Finance - EARNINGS

    Hang Seng Bank net profit tumbles 54pc

    Posted Aug 04th 2014, 07:58pm by Enoch Yiu

    ... in the same period last year and lower property revaluation. The subsidiary of HSBC Holdings said the one-off HK$9.52 billion gain had resulted from a change in accounting procedures for its ...

  2. Comment - Blogs

    HSBC customer confusion continues

    Posted Jun 13th 2013, 09:58pm by Anna Healy Fenton

    ... Thus one just refuses to go away. All because HSBC binned the global Cirrus and Plus ATM clearing systems for the cheaper (for them) Chiba-based UnionPay system. UnionPay may one day become as widely accepted as the other two, but the signs are that this may take some time. Check your HSBC ATM card - chances are it says UnionPay on the back, where is used to have Cirrus ...

  3. Business - Money - WHITE COLLAR

    Big players unlikely to heed welcome move by smallest MPF provider

    Posted Feb 17th 2014, 11:27am by Enoch Yiu

    ... Gadbury showed Haitong was the smallest MPF player, with a market share of 0.071 per cent at the end of last year and about HK$364 million of MPF assets under management. HSBC and Manulife combined controlled almost half the market. HSBC, together with subsidiary Hang Seng Bank, had a market share of 30.8 per cent, while insurer Manulife had 18 per cent, the Gadbury report said. Next ...

  4. Business - Banking & Finance - EARNINGS

    Loan growth boosts Hang Seng Bank's earnings

    Posted Feb 25th 2014, 01:24am by Enoch Yiu

    ... for deposits last year. We believe our investment on the mainland will bring in more cross-border business ROSE LEE, CHIEF EXECUTIVE The lender, a subsidiary of HSBC, continued to expand ...

  5. Business - Banking & Finance - MR. SHANGKONG

    Fluency in Chinglish doesn't count as World City yardstick

    Posted Dec 16th 2013, 04:28am by George Chen

    ... problems she spotted in the city. Ho recently went to a branch of Hang Seng Bank, a local subsidiary of British bank HSBC, and she noticed the bank put up a notice in English near its automated ...

  6. HSBC to charge fee for late mortgage payments

    Posted Oct 03rd 2009, 12:00am by Anita Lam

    ... HSBC will charge a penalty of HK$400 for delays in mortgage repayments from December. It has also increased the fee for online transfers to another bank from HK$10 to HK$30. Meanwhile, Hang Seng Bank has imposed a HK$50 levy on holders of new bank accounts that are closed in less than three months. For premium accounts the levy will be HK$200. Citibank's fees freeze ...

  7. Business - Money - INVESTMENT

    Hang Seng plans etf after winning quota

    Posted Sep 20th 2013, 12:00am by KANIS LI

    ... institutional investors only. Bank of China (Hong Kong), HSBC and Bank of East Asia have also won RQFII licences, but they have yet to launch products. Hang Seng Bank could be the first to launch ...

  8. Business - Banking & Finance - BANKING

    Small banks may gain from rate wait

    Posted Mar 15th 2013, 12:00am by KANIS LI

    ... Hang Seng Bank yesterday raised the rate for new applicants by 0.25 percentage point, taking the cue from HSBC and Standard Chartered Bank, which did the same the day before. Hang Seng's ... and we could not grow our mortgage portfolio much," said an executive at a small bank. Last month, the Hong Kong Monetary Authority told eight banks, including HSBC, BOCHK, Standard ...

  9. Business - Money - MARKETS

    Property firms take hit from rate rise

    Posted Mar 15th 2013, 12:00am by Ray Chan, Jeanny Yu

    ... early losses to close 0.28 per cent higher, supported by buying in heavyweight HSBC and mainland lenders. Joining HSBC and Standard Chartered Bank, Hang Seng Bank announced yesterday it would ...

  10. Business - Property - PROPERTY

    Further mortgage rate rise 'could cut home prices by 20pc in two years'

    Posted Mar 15th 2013, 12:00am by Paggie Leung, Yvonne Liu, Sandy Li

    ... mortgage rates to rise a further 0.75 of a percentage point, said prices could drop by 20 per cent in the coming years. Its prediction came on a day that saw Hang Seng Bank follow HSBC and Standard ...




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