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  • October 21, 2014
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  1. News - Hong Kong - PROPERTY

    Property tightening measures break new ground, say bankers

    Posted Feb 23rd 2013, 12:00am by ENOCH YIU AND KANIS LI

    ... Enoch Yiu and Kanis Li Bankers say the HKMA's latest steps against property speculation will reduce their risks but may not do much to bring down housing prices Tightening measures break new ground Bankers said last night that the Hong Kong Monetary Authority's new rules for mortgages would help reduce their lending risks but might not succeed in bringing down ...

    http://www.scmp.com/news/hong-kong/article/1156617/property-tightening-measures-break-new-ground
  2. Mixed reaction from bankers on yuan trade rules

    Posted Apr 07th 2012, 12:00am

    ... Lulu Chen Lulu.Chen@scmp.com Bankers say the Hong Kong Monetary Authority's recent moves to waive certain paperwork for yuan trade settlement will help solidify the city's role ... not help growth in yuan deposits. Bankers earlier complained that cumbersome local requirements had led some companies to shift their yuan trade settlements to the island state. On Monday, ...

    http://www.scmp.com/article/997576/mixed-reaction-bankers-yuan-trade-rules
  3. Some tips on entering bankers' den

    Posted Nov 19th 2011, 12:00am

    ... financial experience, the Hong Kong Institute of Vocational Education (IVE) offers a higher diploma in banking and finance, which is recognised by the Hong Kong Institute of Bankers (HKIB). Should ...

    http://www.scmp.com/article/985217/some-tips-entering-bankers-den
  4. Mortgage Corporation lets civil servants pretend to be bankers

    Posted Apr 17th 2011, 12:00am

    ... for the boss to retire doesn't cut it. All you get is a desk and polite invitations to lunch. As you'll soon be gone again, none of the real bankers will give you much of their undivided time. What you want is a bank of your own, something you can run just like real bankers do. Presto, the Hong Kong Mortgage Corporation, a subsidiary of the Hong Kong Monetary Authority, a real ...

    http://www.scmp.com/article/965347/mortgage-corporation-lets-civil-servants-pretend-be-bankers
  5. Bankers left shaken and stirred by mixed signals on yuan

    Posted Nov 02nd 2010, 12:00am by Enoch Yiu

    ... happened to our yuan trade business. While our bankers happily pursued their new darling business of yuan trade settlements, their watchdog (grandfather), the Hong Kong Monetary Authority, announced that the annual 8 billion yuan (HK$9.26 billion) settlement quota for the year had been reached. This meant the bankers could no longer get the yuan they needed to continue their business ...

    http://www.scmp.com/article/729268/bankers-left-shaken-and-stirred-mixed-signals-yuan
  6. Business - Banking & Finance - REGULATION

    Norman Chan reappointed as Hong Kong Monetary Authority chief

    Posted Mar 21st 2014, 04:15am by Johnny Tam, Eddie Lee

    ... Johnny Tam and Eddie Lee Monetary Authority chief reappointed Hong Kong's de facto central banker, Norman Chan Tak-lam, has been reappointed with an 8 per cent pay rise, in a move seen by bankers as a bid to sustain the city's financial stability. Chan, 59, would serve a second five-year term as Monetary Authority chief executive after his current term ends ...

    http://www.scmp.com/business/banking-finance/article/1453525/norman-chan-reappointed-hong-kong-monetary-authority-chief
  7. Central banker quiet on his year-end bonus

    Posted Nov 22nd 2008, 12:00am by Staff Reporter

    ... Albert Wong One of the best paid central bankers in the world yesterday refused to comment on whether he should keep taking his end-of-year bonuses. Joseph Yam Chi-kwong, chief executive ... was much fatter than that of fellow central bankers in western economies, including the United States, the European Union, Britain and Germany. US Federal Reserve Board chairman Ben Bernanke ...

    http://www.scmp.com/article/661097/central-banker-quiet-his-year-end-bonus
  8. Minister rejects fixed tenure for central banker

    Posted Apr 29th 2008, 12:00am by Enoch Yiu

    ... lamented that he was the only central banker in the world without a contract term. 'The nature of the HKMA's work is unique and different from other overseas central banks so there should ... The Frontier legislator Emily Lau Wai-hing said the HKMA chief, ranked the world's best-paid central banker for his pay package of HK$10.33 million last year, might be paid too much. Mr Yam earns ...

    http://www.scmp.com/article/635701/minister-rejects-fixed-tenure-central-banker
  9. Bankers concerned about costs of increased depositor protection

    Posted Jun 20th 2009, 12:00am by Staff Reporter

    ... Natalie Chiu The Hong Kong Association of Banks has expressed reservations about the increase in premiums needed to pay for the extension of the deposit protection scheme. The proposed lifting of the ceiling on Hong Kong's bank deposit protection to ...

    http://www.scmp.com/article/684254/bankers-concerned-about-costs-increased-depositor-protection
  10. News - Hong Kong - DEMOCRATIC REFORM

    Banks hold emergency drill ahead of Occupy Central

    Posted Jun 15th 2014, 05:28am by Phila Siu, JEFFIE LAM

    ... threat to blockade the streets of the business district. As bankers were testing their back-up plans, more than 300 campaigners for democracy set off from the business district for the first ...

    http://www.scmp.com/news/hong-kong/article/1532993/hkma-holds-emergency-drill-banks-ahead-occupy-central

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