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  1. Business - Comment - LAI SEE

    Self-criticism session for top HSBC bankers

    Posted Feb 09th 2013, 12:00am by Howard Winn

    ... but "there were things we were not aware of, standards we believed were being applied that were not", Flint told the commission. Lai See recalls a senior HSBC banker saying much the same thing when asked how it was that HSBC got into such a mess with subprime lending in the US. "We had no idea what they were up to," the banker told us.   Bank bonuses a force for good ...

    http://www.scmp.com/business/article/1146335/self-criticism-session-top-hsbc-bankers
  2. Business - Comment - LAI SEE

    Trust me- I'm an expert, but even experts can get it wrong

    Posted Jul 05th 2014, 01:43am by Howard Winn

    ... told the website. Disgruntled investment bankers are also leaving to take advantage of the recent uptick in in-house M&A jobs with companies planning acquisitions. These are mostly junior ...

    http://www.scmp.com/business/article/1547030/trust-me-im-expert-even-experts-can-get-it-wrong
  3. Business - Comment - LAI SEE

    Does Li Ka-shing own the Cheung Kong Center?

    Posted Sep 20th 2013, 12:00am by Howard Winn

    ... … it is not his to sell.   Banker rage We hear of unruly behaviour by bankers at a somewhat strained meeting of underwriters involved in the China Huishan Dairy IPO. At one point the meeting erupted into a shouting match between the HSBC and Goldman bankers in front of about 20 other underwriters, according to Reuters. The row in this instance revolved around the issue of cornerstone investors. ...

    http://www.scmp.com/business/article/1313352/does-li-ka-shing-own-cheung-kong-center
  4. Business - Comment - LAI SEE

    Big tobacco firms fear high taxes the most

    Posted Oct 04th 2013, 12:00am by Howard Winn

    ... the industry. Take former senior banker and British government minister John Nott, who joined the industry in 1959. Writing about the City in a column for Financial News in 2002, he said: "For many of today's bankers, both their position in society and how they see themselves are entirely dictated by how much they earn. They are like battery hens, encapsulated by their place of work and by how ...

    http://www.scmp.com/business/article/1323876/big-tobacco-firms-fear-high-taxes-most
  5. Business - Comment - LAI SEE

    China is like the EU; provinces are its member states

    Posted May 22nd 2013, 12:00am by Howard Winn

    ... to bankers The outgoing governor of the Bank of England, Mervyn King, said we should stop being so hard on bankers for the practices that led to the global financial crisis. In an interview with Sky ...

    http://www.scmp.com/business/article/1243003/china-eu-provinces-are-its-member-states
  6. Business - Comment - LAI SEE

    Stone's throw away but only for the very few

    Posted Mar 13th 2013, 12:00am by Howard Winn

    ... ultimate controlling shareholder, you might wonder if HSBC's front cover constitutes a connected transaction.   Banker wasted Erin Callan, the former chief financial officer of Lehman ... As efinancialcareers observes, her article is as much a warning to all workaholics as to female bankers. So read it before it is too late at http://nyti.ms/Xn5yGO   In praise of MDs A recent piece ...

    http://www.scmp.com/business/article/1189414/stones-throw-away-only-very-few
  7. Business - Comment - LAI SEE

    Customers say HSBC has turned the clock back 20 years

    Posted Jun 14th 2013, 12:00am by Howard Winn

    ... in Singapore. Stepic says these funds had been taxed. The matter was investigated and the bank accepted his resignation. A steep fall for the European Banker of the Year in 2006. Many at the reception ...

    http://www.scmp.com/business/article/1260240/customers-say-hsbc-has-turned-clock-back-20-years
  8. Business - Comment - LAI SEE

    True universal suffrage would avoid a lot of the brewing unrest

    Posted Apr 30th 2013, 12:00am by Howard Winn

    ... after it came up with a much lower NAV in its pre-deal research than other bookrunners. It quoted one banker as saying: "It's sad, but we have to admit that growing competition among ...

    http://www.scmp.com/business/article/1226207/true-universal-suffrage-would-avoid-lot-brewing-unrest
  9. Lai See

    Posted Feb 24th 2011, 12:00am by Howard Winn

    ... doing relatively little to help the needy. Bankers' awards dinner shock Euroweek is red-faced after confusion over its annual awards dinner, which was to be held this week at the Watermark, ... the awards have had to be shifted a few kilometres up the road - to the Jumbo floating restaurant at Aberdeen. Bankers are reportedly furious. 'It's a bit like being told you're having ...

    http://www.scmp.com/article/739077/lai-see
  10. Chinalco retreats from plan to buy stake in Rusal

    Posted Oct 12th 2009, 12:00am by Howard Winn

    ... and BOCI and bookrunner Goldman Sachs. Rusal has about US$16.8 billion in debt and is in a standstill debt default position with 74 international bankers, to which it owed US$7.4 billion. Rusal ...

    http://www.scmp.com/article/695154/chinalco-retreats-plan-buy-stake-rusal

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