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  • November 21, 2014
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Results 1 - 10 of 10 for bank deposits

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  1. Protesters target rising bank charges

    Posted May 03rd 2006, 12:00am by Paggie Leung, Vivienne Chow

    ... with the charges. On Monday Wing Hang, Dah Sing and Mevas banks imposed new charges on accounts whose balances fell below specific limits. The members of the group, who said they held small deposits ... Vivienne Chow and Paggie Leung. A group of small depositors protest outside the Association of Banks in Central yesterday against banks imposing new charges. The 20 protesters, most ...

  2. Government takes over insurer in forgery case

    Posted May 06th 2009, 12:00am by Paggie Leung, Peter So

    ... the company, Anglo Starlite Insurance, delaying payment of claims. The authority had sought to verify the bank deposits and other assets the firm had reported holding, and yesterday had found some deposit receipts which appeared to have been forged, he said. The company would become insolvent if these deposits were discounted. 'To protect the interest of policyholders, we have ...


    Posted Dec 30th 2004, 12:00am by Paggie Leung

    ... (2.8%) * DBS Bank's accidental dumping of safety deposit boxes (1.9%) * Hong Kong athletes winning a silver medal in the Athens Olympics (1.9%) * 3+3+4 education reforms (1.9%) ...

  4. Customers protest over new bank fees

    Posted May 03rd 2006, 12:00am by Paggie Leung, Vivienne Chow

    ... below specific limits. The members of the group, who said they held small deposits at banks, said the increases in bank service charges hurt them financially and they were not properly informed ... Vivienne Chow and Paggie Leung The elderly and low-income earners are being targeted, say marchers A group of small depositors marched to the Association of Banks in Central yesterday ...

  5. Mentally ill mother sues over minibonds

    Posted Mar 05th 2009, 12:00am by Paggie Leung

    ... million in a fixed-deposit account at the Tai Wai Branch of the bank. She was later persuaded by a bank manager to invest in minibond products. In August 2006, the same manager persuaded her ... Yvonne Tsui and Paggie Leung A mentally ill mother, who was left to care for her three children after a divorce, is suing Citic Ka Wah Bank to recover her HK$6 million minibond investment ...

  6. Move will help HK stay ahead of competition

    Posted Apr 19th 2009, 12:00am by Paggie Leung

    ... Association of Banks, said: 'I think the issuance of yuan in Hong Kong is very good because many banks in China don't have adequate yuan deposits. So having the ability to issue yuan bonds ... Paggie Leung and Fanny W. Y. Fung The central government's move to allow yuan-denominated bonds to be issued will not only benefit Hong Kong enterprises and banks, but will allow ...

  7. Minibond victim wants apology, not settlement

    Posted Aug 03rd 2009, 12:00am by Paggie Leung

    ... into minibonds. Mr Ho, who only studied up to Primary Four, said the staff told him minibonds were a very safe product linked to seven banks and were the same as a time deposit. Minibonds ... Paggie Leung Despite suffering nearly a year of emotional distress, Lehman Brothers minibonds investor Ho Chiu-kuen is determined not to accept the latest payout settlement agreed by banks ...

  8. HK warned to unite against financial storm

    Posted Oct 10th 2008, 12:00am by Dennis Chong, Paggie Leung

    ... about an economic downturn and instability in the financial market. Observers interpreted it as a call for banks and developers to continue conducting business, and for the public to maintain ... an impact. Mr Yam said the adjustment would have a positive effect on borrowers' interest rates in the long run, easing lending in various sectors. He said it was up to individual banks ...

  9. Investor's minibond lawsuit a first for consumer action fund

    Posted Sep 25th 2009, 12:00am by Paggie Leung

    ... Paggie Leung The first lawsuit using the Consumer Legal Action Fund against a bank that sold a Lehman Brothers-related product to an investor has finally been filed in court, a year after ... to the writ, her relationship manager at Citibank recommended she buy the complex structured product after a fixed deposit she had of about HK$400,000 expired last year. Chan was told that 'the ...

  10. Finance sector doubles in a decade

    Posted Aug 08th 2009, 12:00am by Dennis Eng, Paggie Leung

    ... further. 'I don't think we need to worry if the industry's share of GDP rises to 30 per cent to 40 per cent,' he said. However, Hang Seng Bank senior economist Irina Fan ... said it was 'a long path' to expanding yuan deposits to an adequate level- about 6 trillion yuan (HK$6.81 trillion) was required but the sector now involved only about 53.4 billion ...



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