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  • October 22, 2014
  • Last updated: 9:45pm
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  1. Business

    Ex-banker accused of helping in Olympus fraud granted bail

    Posted Jan 26th 2013, 09:46am by Reuters in New York

    ... Reuters in New York A former Singapore banker charged with helping Japan’s Olympus Corp engineer a US$1.7 billion accounting fraud was granted bail by a US judge on Friday. Chan Ming Fon, ... Taylor Swain in Manhattan. The former Commerzbank AG and Societe Generale banker had been arrested on Dec. 20 in Los Angeles. Prosecutors said that over six years, Chan helped secretly liquidate ...

  2. Business - Comment - JAKE'S VIEW

    Why top bankers deserve to be paid huge salaries

    Posted Apr 09th 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp jake.vanderkamp@scmp.com Governments are leaving it to market smarts to invest deposits, and they don't come cheap Why top bankers deserve to be paid huge salaries "Despite billions of pounds of liquidity support from taxpayers, many senior bankers seemed still to be arguing that they deserved their precrisis levels of pay" Barclays internal report, ...

  3. Business - Banking & Finance

    British bankers face annual competency checks under proposed law

    Posted Nov 27th 2013, 11:32am by Reuters in London

    ... Reuters in London Britain’s senior bankers will face an annual competency check under new laws being drawn up in Parliament to reform the British banking sector and protect it against future crises. A proposal for a new licensing regime, put forward by the opposition Labour Party, unexpectedly won the support of lawmakers in the House of Lords, the upper house of Parliament, ...

  4. News - Hong Kong - OPERATION SANTA CLAUS

    Bankers make song and dance about giving

    Posted Dec 23rd 2013, 05:40am by Candy Chan

    ... Candy Chan candy.chan@scmp.com Annual talent show brings out the best in Barclays staff, who voted for their favourites Bankers make song and dance about giving They may work with money all day, but the city's bankers are still keen to spend their free time raising cash to help the needy- and have some fun in the process. A total of 350 staff from Barclays filled ...

  5. Sport - Racing

    Treasure a good choice as banker for the Triple Trio

    Posted Dec 16th 2013, 09:11pm by Michael Cox

    ... Treasure a good choice as banker for the Triple Trio Tomorrow night's Triple Trio at Happy Valley is a tough nut to crack but taking Choice Treasure as banker in the final leg can make getting ... being forced to work hard from a wide draw last time out, from gate three he should be able to find a nice position in the run. He is banker in a very tricky race. Douglas Whyte stays aboard ...

  6. News - Hong Kong - OPERATION SANTA CLAUS

    UBS bankers raise record HK$5 million for Operation Santa Claus

    Posted Dec 18th 2013, 05:46am by LO WEI

    ... Lo Wei wei.lo@scmp.com Annual campaign inspires staff to let their hair down for a day of frivolity, and clients to dig deep, to raise a record HK$5 million for charity UBS bankers mean business in the fundraising stakes Global bank UBS has enlisted the help of its staff members, clients and even competitors to dig deep, raising a record sum of more than HK$5 million for Operation ...

  7. Business - Banking & Finance - GOVERNANCE

    Bankers' finances to be put under the microscope

    Posted Dec 09th 2013, 11:32am by JANE CAI

    ... Bankers' finances to be put under the microscope The financial status of bankers’ families and the interests of their relatives will come under scrutiny when banks nominate top executives from ... and graft as bankers tapped to bank funds through companies controlled by relatives had prompted the extension of scrutiny to executives’ families and the activities of relatives, “China’s banking ...

  8. Business - Banking & Finance - REMUNERATION

    Bankers told to give up bonuses after rate-rigging

    Posted Dec 07th 2013, 03:59am by BLOOM

    ... Bloomberg in Frankfurt and Milan European banks fined €1.71 b for interest rate manipulation, leading to demands for payback Bankers told to give up bonuses after rate-rigging Executives ... The total includes US$20.9 billion set aside for future legal expenses. Deutsche Bank, Europe's biggest investment bank by revenue, has accounted for 36 per cent of the costs. Bankers have ...

  9. News - Hong Kong - OPERATION SANTA CLAUS

    Bankers come out swinging for charity minigolf event

    Posted Dec 07th 2013, 03:52am by LO WEI

    ... Lo Wei wei.lo@scmp.com Hallways of Bank of America Merrill Lynch are turned into a nine-hole course by staff in drive to raise money for those in need this Christmas Bankers come out swinging for charity minigolf event Corridors in the offices of Bank of America Merrill Lynch were turned into indoor putting greens yesterday as staff put their golfing skills to the test to raise ...

  10. Business - Banking & Finance - INVESTMENT

    QDII3 to benefit Hong Kong, say bankers

    Posted Dec 02nd 2013, 09:48am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Advisers call for HK$100 billion Qianhai scheme but Beijing approval is expected to take a while QDII3 to benefit HK, say bankers Bankers and brokers believe a HK$100 billion investment scheme, dubbed QDII3, in the Qianhai economic zone in Shenzhen would benefit Hong Kong's standing as an offshore yuan centre in the face of overseas challengers ...




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