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  • October 31, 2014
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Results 1 - 10 of 129 for bank deposits

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  1. Business - Banking & Finance - FINANCE

    Bitcoin value tumbles after BTC China exchange blocks renminbi deposits

    Posted Dec 18th 2013, 06:13am by DANNY LEE, Angela Meng and Amy Nip

    ... global sell-off. The blocking of deposits follows an order earlier this week from the People's Bank of China banning all transactions by third-party payment providers involving digital ... Danny Lee, Angela Meng and Amy Nip BTC among first casualties, as value of the digital currency plummets after People's Bank of China orders third-party payment providers to stop ...

    http://www.scmp.com/business/banking-finance/article/1384688/bitcoin-price-slump-after-beijing-bans-clearing-services
  2. News - World - FINANCE

    Big Cyprus savers could lose 60pc

    Posted Mar 31st 2013, 12:00am by AFP

    ... is needed." Senior Bank of Cyprus official Mario Skandalis confirmed the figures. Asked whether the rate that savers with deposits of more than €100,000 will lose could be as high as 60 per cent, he ... bank face losses of up to 60 per cent, far greater than originally feared under the island's controversial European Union-led bailout plan, officials said yesterday. Lawmakers were ...

    http://www.scmp.com/news/world/article/1203483/big-cyprus-savers-could-lose-60pc
  3. Property - Hong Kong & China - FINANCE

    Chinese insurers new source of shadow banking loans to developers

    Posted Oct 28th 2014, 04:17pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Regulator takes action as fund flows to the shadow banking sector reach 280b yuan at end of June, with a third invested in property industry Insurer ... shadow banking loans into the struggling real estate sector. The China Insurance Regulatory Commission, the industry's watchdog, said earlier this month it would take measures to curb ...

    http://www.scmp.com/property/hong-kong-china/article/1626671/chinese-insurers-new-source-shadow-banking-loans-developers
  4. Business - Banking & Finance - FINANCE

    China leads countries in signing up for US$50b Asian infrastructure bank

    Posted Oct 25th 2014, 03:41am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com 21 countries sign up to Asian infrastructure bank China and 20 other countries yesterday signed a memorandum of understanding to create an Asian infrastructure bank that will help finance the region's US$800 billion annual needs. But major economies including Australia, South Korea and Indonesia were absent from the signing. ...

    http://www.scmp.com/business/banking-finance/article/1624099/china-leads-countries-signing-us50b-asian-infrastructure
  5. Comment - Insight & Opinion - FINANCE

    Some grounds for optimism in Europe's make-or-break moment

    Posted Oct 26th 2014, 05:19am by Reuters

    ... Anatole Kaletsky Whether continent can break out of stagnation hangs on Ukrainian election, bank stress tests and French budget showdown Some grounds for optimism as Europe reaches make ... Ukraine's parliamentary election and the bank "stress tests" and Asset Quality Review conducted by the European Central Bank. Before explaining their significance and their unexpected ...

    http://www.scmp.com/comment/insight-opinion/article/1624552/some-grounds-optimism-europes-make-or-break-moment
  6. Business - Banking & Finance - FINANCE

    Ex-central bank official wary of interest-rate deregulation

    Posted Sep 15th 2013, 12:00am by JANE CAI

    ... Jane Cai xuejun.cai@scmp.com Former central bank official opposes relaxing rules on yuan bank deposits in Shanghai experiment, fearing speculators could exploit this Rate deregulation ... liberalising deposit rates in the free-trade zone, because the interest gap between inside and outside the zone could lead to arbitrage," Wu said on the sidelines of a banking forum in Beijing. ...

    http://www.scmp.com/business/banking-finance/article/1310031/ex-central-bank-official-wary-interest-rate-deregulation
  7. Business - Banking & Finance - FINANCE

    Mainland investment abroad surges 90pc

    Posted Oct 17th 2014, 05:07am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com Appeal of overseas markets is growing amid property downturn and excess capacity at home Mainland investment abroad surges 90pc A surge in investments by mainland companies abroad has highlighted the growing appeal of ...

    http://www.scmp.com/business/banking-finance/article/1617977/mainland-investment-abroad-surges-90pc
  8. Business - Banking & Finance - FINANCE

    Britain’s financial services firms add staff on expectations of higher profits

    Posted Oct 06th 2014, 01:33pm by Reuters

    ... and adding staff in recent months, an industry survey shows. Following the 2007-09 financial crisis, many of Britain’s banks and financial services firms were forced to trim costs and cut jobs ... at US$678.1 billion, Thomson Reuters data showed last week. That spike in activity sent investment banking fees up by 13 per cent to US$68.8 billion in the year to the end of September. Astbury ...

    http://www.scmp.com/business/banking-finance/article/1610569/britains-financial-services-firms-add-staff-expectations
  9. Business - Banking & Finance - FINANCE

    China Agri-Products Exchange seeks to raise to HK$1.4b in bond issue

    Posted Oct 06th 2014, 03:34pm by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com Bond issue will be issued in two tranches with any shortfall taken up by three of the firm's creditors China Agri-Products Exchange will issue HK$1.4 billion in Hong Kong-dollar denominated unsecured bonds. Three cre ...

    http://www.scmp.com/business/banking-finance/article/1610582/china-agri-products-exchange-seeks-raise-hk14b-bond-issue
  10. Business - Banking & Finance - FINANCE

    US regulator sues 15 banks, including HSBC, for rigging Libor benchmark

    Posted Mar 16th 2014, 05:54am by AFP

    ... Agence France-Presse in New York FDIC says interest rate manipulation caused 'substantial losses' to 38 now-closed lenders US regulator sues 15 banks for Libor rigging The US Federal Deposit Insurance Corporation (FDIC) has sued HSBC, Citigroup, Deutsche Bank and 12 other big global banks for manipulating the Libor benchmark interest rate. The manipulation caused ...

    http://www.scmp.com/business/banking-finance/article/1449580/us-regulator-sues-15-banks-including-hsbc-rigging-libor

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