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  • July 23, 2014
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  1. Magazines - Style

    Jennifer Cheung: The ex-banker who turned her sweet-tooth into a thriving business

    Posted Oct 09th 2012, 12:00am by Bernice Chan

    ... Bernice Chan From banker to baker may be the unlikeliest of career changes, but it has proved happiness can also lead to success, writes Bernice Chan Jennifer Cheung Jennifer Cheung always ... as serving some of the best cupcakes in town. After high school in the United States and studying at Harvard, Cheung returned home to Hong Kong to begin her career as a banker in equity markets. Soon ...

  2. Detained banker steps down from ABC

    Posted Jul 14th 2012, 12:00am

    ... Enoch Yiu and George Chen Mainland banker Yang Kun has resigned as an executive director of Agricultural Bank of China after more than a month being detained in Beijing amid a widening ... is proved to have been involved in illegal activities, it would mark the highest-profile case involving a 'big four' banker since state-owned banks started to go public in 2005. The probe ...

  3. Double-digit growth in bankers' pay

    Posted Mar 01st 2012, 12:00am

    ... May Chan may.chan@scmp.com Senior bankers on the mainland are expected to see double-digit growth in their base salaries this year as regional financial institutions fight for talent ... retention pushed banks to raise salaries. For example, an investment banker with more than eight years' experience could receive a basic salary of more than 900,000 yuan (HK$1.1 million) ...

  4. Bankers predict bleak profits for year ahead

    Posted Dec 06th 2011, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Hong Kong bankers are increasingly downbeat about prospects for next year, with a poll by Deloitte China showing that more than three-quarters of respondents expect earnings to fall. According to a survey of more than 200 people in the banking sector 'or familiar with the industry', almost 78 per cent of respondents expect net profit to drop ...

  5. Bonuses too small for HK bankers

    Posted Mar 29th 2011, 12:00am by Staff Reporter

    ... Bankers' bonuses have become a controversial topic after the global financial crisis and the damage it did to the international financial system. Major banks had to be rescued by taxpayers' money and forced to undergo radical changes in risk management. Little more than a year after the financial crisis, bankers seem to have forgotten the pain they caused and most have been ...

  6. Meltdown threatens stability, says top banker

    Posted Jan 14th 2009, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung The financial turmoil could spark political crises in Hong Kong and Macau, the mainland's central bank chief said in a rare warning. Zhou Xiaochuan, governor of the People's Bank of China, met Hong Kong and Macau deputies to the ...

  7. Bankers not expecting big benefits from trial

    Posted Apr 10th 2009, 12:00am by Staff Reporter

    ... Maria Chan Bankers do not expect Hong Kong to benefit much initially from firms being allowed to settle trades with mainland counterparts in yuan, but say it will bring a lot of opportunities to the city in the long run. Peter Wong Tung-shun, chairman of the Hong Kong Association of Banks, said the move could make cross-border trade easier and reduce currency risks. Mr Wong ...

  8. Bankers see more scope in yuan business reform

    Posted Sep 06th 2005, 12:00am by Enoch Yiu

    ... initial public offerings or bond offerings as such business would require free convertibility of capital accounts of yuan,' Mr Wong said. Another banker said the new measures to be announced ...

  9. Banker sees no mainland threat

    Posted Mar 22nd 2006, 12:00am by Gary Cheung

    ... Gary Cheung A top banker yesterday called on Hong Kong people to improve the city's competitiveness but did not see a short-term threat of the city being marginalised by rapid development on the mainland. Hang Seng Bank vice-chairman and chief executive Raymond Or Ching-fai said Hong Kong's competitiveness topped recent regional and international surveys. 'But we ...

  10. Events

    Posted Jul 07th 2012, 12:00am

    ... 'Regulatory enforcement trends and recent developments'. Hong Kong Bankers Club. ...




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