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  • July 29, 2014
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  1. Business - Banking & Finance - BANKING

    Tighter scrutiny of potential mainland clients by banks in Hong Kong

    Posted May 20th 2014, 11:12am by George Chen

    ... the South China Morning Post. Hugo Williamson, managing director of Risk Resolution Group, a British risk consultancy, said anti-money-laundering and "know your client" regulations had ... to take advantage of the country's reputation for bank secrecy. A relative of a member of the Chinese People's Political Consultative Conference- the mainland's top political ...

    http://www.scmp.com/business/banking-finance/article/1516079/tighter-scrutiny-potential-mainland-clients-banks-hong-kong
  2. Business - Banking & Finance - BANKING

    Worried depositors descend on Jiangsu bank amid insolvency rumours

    Posted Mar 26th 2014, 05:29am by Daniel Ren

    ... & Bond Market Investment Consulting Centre. "In other underdeveloped regions, things could be even worse." Shanghai resident Huang Jianguo said: "If I am not going to trust ...

    http://www.scmp.com/business/banking-finance/article/1457321/depositors-descend-jiangsu-bank-amid-insolvency-rumours
  3. Business - Banking & Finance - BANKING

    Community banks spring up in fight for small clients

    Posted Dec 16th 2013, 04:28am by JANE CAI

    ... offering consulting services. "We don't have counter services here. What I do is help people if they have questions about our services or problems in using the automated machines," ...

    http://www.scmp.com/business/banking-finance/article/1381494/community-banks-spring-fight-small-clients
  4. Business - Banking & Finance - BANKING

    20 per cent of top banks may shrink or merge, McKinsey says

    Posted Nov 08th 2013, 01:58am by BLOOM

    ... Bloomberg in New York Consulting firm McKinsey says 20 per cent of the largest banks in the world may shrink or undergo mergers to boost shareholder returns Number of big lenders expected ... of global universal banks may drop to fewer than 10 from about 25 as they narrow their focus on products or regions, the consulting firm says in an annual review of the industry released yesterday. ...

    http://www.scmp.com/business/banking-finance/article/1350185/20-cent-top-banks-may-shrink-or-merge-mckinsey-says
  5. Business - Banking & Finance - BANKING

    Foreign banks shun China's Shanghai free-trade zone amid uncertain rules

    Posted Oct 09th 2013, 12:00am by George Chen, Jeanny Yu

    ... source familiar with the matter. "That would have been good for the city's image as the global financial centre." The Shanghai branch of the China Banking Regulatory Commission ...

    http://www.scmp.com/business/banking-finance/article/1327556/foreign-banks-shun-chinas-shanghai-free-trade-zone-amid
  6. Business - Banking & Finance - BANKING

    Chinese retail banks under pressure to embrace new technologies

    Posted Jun 29th 2013, 12:00am by JANE CAI

    ... in the future? Accenture, a global management consulting, technology services and outsourcing company, is trying to convince mainland banks to embrace technology innovations to sharpen their competitive ...

    http://www.scmp.com/business/banking-finance/article/1271388/chinese-retail-banks-under-pressure-embrace-new
  7. Business - Banking & Finance - BANKING

    Chinese lenders not keen on staff cuts, says adviser

    Posted Apr 22nd 2013, 12:00am by KANIS LI

    ... the problems facing lenders. The firm had also begun talks with a number of banks. Mainland companies were generally reluctant to consult a third party for advice, Lau said, but could be persuaded ...

    http://www.scmp.com/business/banking-finance/article/1220197/chinese-lenders-not-keen-staff-cuts-says-adviser
  8. Business - Banking & Finance - BANKING

    Bocom chairman to take control at policy bank

    Posted Apr 11th 2013, 12:00am by JANE CAI, George Chen

    ... Political Consultative Conference last month. Senior positions in the body are usually taken by retired cadres and officials. Hu, 58, is a rare finance veteran with experience at various entities. ...

    http://www.scmp.com/business/banking-finance/article/1211728/bocom-chairman-take-control-policy-bank
  9. Business - Banking & Finance - BANKING

    CCB eyes bigger Taiwanese bank stake

    Posted Mar 07th 2013, 12:00am by Kwong Man-ki

    ... Consultative Conference. He said the cap should be raised to 20 per cent, putting it on par with the limit on foreign shareholding in mainland banks. The Taiwanese banking market was stable ...

    http://www.scmp.com/business/banking-finance/article/1184159/ccb-eyes-bigger-taiwanese-bank-stake
  10. Business - Banking & Finance - BANKING

    Barclays begins cutting jobs at investment unit

    Posted Jan 23rd 2013, 12:55pm by Bloomberg

    ... at its investment bank and has begun consulting with employees. This "exercise is being carried out so that we can start to effect some of the strategic changes" to be announced ... School of Economics. Employers cutting 20 or more jobs in Britain must hold a period of consultation where workers are told why their roles will be eliminated and what options are available, ...

    http://www.scmp.com/business/banking-finance/article/1134324/barclays-prepares-cut-jobs-investment-bank-arm

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