• Saturday
  • November 29, 2014
  • Last updated: 1:05pm
Hong Kong




Refine Your Search

Sort by


Search Results

Results 71 - 80 of 362 for hsbc restructuring

Related topics matching your search

Search results

  1. Business - Banking & Finance - RESTRUCTURING

    Return of the shareholder

    Posted Mar 21st 2013, 12:00am by BLOOM

    ... they can generate acceptable returns on equity, which are measures of profitability. Credit Suisse's restructuring was about 80 per cent complete and would allow the lender to generate ROE ... billion in fines since June, stemming from a rate-rigging investigation involving about 20 lenders. HSBC, Europe's largest bank by market value, paid a record US$1.92 billion to settle US ...

  2. Appointments

    Posted Jul 13th 2009, 12:00am by Staff Reporter

    ... degree from INSEAD and a Bachelor in Law degree from the University of Tokyo. Iain Mackay Chief financial officer Hongkong and Shanghai Banking Corp Mr Mackay joined HSBC in 2007 as senior executive vice-president and chief financial officer for North America, with responsibility for financial management in the US and Canada. Since then, he has been involved in the restructuring ...

  3. Business - Economy

    China manufacturing shrinks for first time in 7 months

    Posted May 23rd 2013, 10:20am by Reuters

    ... Reuters in Beijing The flash HSBC Purchasing Managers’ Index for May fell to 49.6 Follow @SCMP_News China’s factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world’s second-largest economy is sputtering. The flash HSBC Purchasing Managers’ Index (PMI) ...

  4. Business - Commodities

    Beijing faces long haul in reaping benefits of oil and gas reform

    Posted Dec 02nd 2013, 05:19am by Eric Ng

    ... mostly built and owned by state energy giants. "With the new government, more has been accomplished in [the past] six months than was accomplished in the previous decade," said HSBC oil ... Robert Blohm, the Beijing-based editor of International Petroleum Economics Monthly and who has been an adviser to Beijing, said such restructuring aimed to separate gas production, transport ...

  5. In Brief

    Posted Feb 03rd 2004, 12:00am by Staff Reporter

    ... Magic score seeks damages from HSBC Magic Score is seeking $500 million in damages after claiming HSBC breached its fiduciary duties during a 1983 restructuring scheme. The Court of First Instance was told yesterday the bank also failed to acknowledge and rectify a $30 million mistake it made in relation to Magic Score's accounts. The trial continues before Mr Justice William ...

  6. Lai See

    Posted Aug 09th 2011, 12:00am

    ... drum The Financial Times ran a wry letter from a former HSBC investment banker reflecting on the bank's tortuous restructuring. Paul Barry, who presumably does not intend to work for the bank again, observed: 'You will struggle to find anyone at HSBC who in recent times hasn't heard about the bank's strategic refocus on its Asian backyard, coupled with a smart ...

  7. Business - Economy

    Fears of 'hard landing' as China manufacturing slips to 11-month low

    Posted Jul 24th 2013, 09:57am by Reuters

    ... on Wednesday, suggesting the world’s second-largest economy is still losing momentum. The flash HSBC/Markit Purchasing Managers’ Index fell to 47.7 this month from June’s final reading of 48.2, marking a third straight month below the watershed 50 line which demarcates expansion of activities from contraction. It was the weakest level since August last year. “The lower reading of the July HSBC ...

  8. Business - Companies - STOCKS

    Outlook dims for Li & Fung shares

    Posted Jan 14th 2013, 11:58am by Toh Han Shih

    ... was the biggest since August 10 last year. On Friday, Li & Fung warned that core operating profit for last year would plummet 40 per cent because of restructuring costs and provisions in its US ... HK$15.20; HSBC reduced its target price to HK$16.25 from HK$17.80; Goldman Sachs slashed its target price to HK$13.10 from HK$17; and Barclays Capital chopped its target price to HK$13.50 from ...

  9. Comment - Insight & Opinion

    What China can learn from the US economic recovery

    Posted Jul 18th 2013, 12:00am by Hu Shuli

    ... Hu Shuli Hu Shuli says just as post-crisis adjustments have paid off in the US, restructuring is the right remedy for a slowing Chinese economy America's economic recovery holds ... also fell in June, to just a touch above the 50-point level that indicates growth, while HSBC's PSI survey fell to a nine-month low, underscoring the slowdown in manufacturing. Meanwhile, ...

  10. More heartbreak on the way as HSBC wields the axe

    Posted May 17th 2011, 12:00am

    ... Enoch Yiu HSBC in the early part of the last century was known as the 'Heart and Soul Breaking Corp' because of the unofficial house rule that banned junior international staff ... it would close loss-making business and branches as well as reduce headcounts in order to cut global expenses by US$2.5 billion to US$3.5 billion a year by 2013. For HSBC's 269,000 staff, ...




SCMP.com Account