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  • September 30, 2014
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  1. Commercial Bank Trainee

    Posted Sep 03rd 2010, 12:00am by Staff Reporter

    ... One of the world's leading financial institutions is inviting high-calibre individuals to join its commercial bank trainee programme. 'As an organisation committed to investing in people, we launched our programme to offer candidates the opportunity to work with some of the best people in the industry,' says Anson Kwok, head of commercial banking at Citi Hong Kong. ...

  2. Bank where directors get paid a bonus every three months

    Posted Dec 04th 2010, 12:00am by Shirley Yam

    ... by the countryman. This month shares in a provincial rural bank are on offer to Hong Kong investors for the first time. It is the Chongqing Rural Commercial Bank (CRCB). It is the largest bank in Chongqing, ... there is, however, one word for you to remember- quarterly. Here is a bank that pays its directors and supervisors a bonus every three months and bonuses accounted for 89 per cent of its executive ...

  3. Industry seeks to reclaim glory days

    Posted Oct 23rd 2010, 12:00am by Chris Davis

    ... Chris Davis Bruised by the financial crisis, Hong Kong's banking sector- the long-time top choice for those eyeing a finance industry career- has found it needs to work harder ... the banking industry is still one of the top employment attractions, but we have seen the industry slip on the employment preferences list, especially among fresh graduates,' Cerullo says. ...

  4. Teams go along for a ride

    Posted Nov 13th 2010, 12:00am by John Cremer

    ... and saw 80 or so bank staff members and supporters from around the region cover roughly 135km over two days. Each was asked to raise at least HK$6,000 for humanitarian organisation Care ... within the bank and its eight locations across Asia. He says such initiatives have a dual purpose: raising funds for charity, while also creating opportunities to bring together a wide ...

  5. Bank stress tests are nothing more than tick-the-box reviews of yesterday's mistakes

    Posted Jul 15th 2010, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp European officials have said banks must try to raise money themselves before seeking state support if tests by regulators reveal vulnerabilities. 'It is firstly up to the banks themselves,' Dutch Finance Minister Jan Kees de Jager said in Brussels after a meeting with euro-area counterparts... 'They will get a certain period to refinance ...

  6. Rules to rein in trust companies

    Posted Sep 10th 2010, 12:00am by Staff Reporter

    ... buffers in the financial sector after a lending spree last year. The China Banking Regulatory Commission will introduce a system to evaluate the capital risk of trust companies, the regulator said ... the property sector, Yuan said. In a bid to help finance China's huge 4 trillion yuan stimulus package, banks extended an unprecedented 9.6 trillion yuan in new loans last year. They lent ...

  7. Agricultural Bank under pressure over risky loans

    Posted Jul 06th 2010, 12:00am by Amanda Lee

    ... Amanda Lee and Daniel Ren in Shanghai Investors who placed their H-share orders for the Agricultural Bank of China's initial public offering may have been undeterred by the lender's bad debt, but the bank faces mounting pressure to improve its risk management. The bank was universally recognised as the worst-performing lender among the mainland's Big Four, ...

  8. Why local officials are in a hurry to invest their capital

    Posted May 08th 2010, 12:00am by Shirley Yam

    ... You have heard that Beijing has become nervous and ordered banks to investigate the 7.5 trillion yuan (HK$8.5 trillion) they have loaned to financial entities backed by local governments. ... funding entity and try to figure out the answer. The past year or so has been like heaven. Encouraged by Beijing's investment spree, banks have been showering you with money. All you need ...

  9. Bank to recruit 250 new staff

    Posted Sep 25th 2010, 12:00am by Staff Reporter

    ... Jan Chan With its Hong Kong business growing and plans for further market development, DBS Bank is on a recruitment drive in search of new talent. At present, the bank has more than 250 openings in areas from consumer banking to wealth management and institutional banking. In particular, there is a need for relationship managers for institutional banking. Within consumer banking ...

  10. Julius Baer fined HK$3m over lax client review

    Posted Jun 29th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu The Securities and Futures Commission, in a rare move, has reprimanded and fined Swiss private bank Julius Baer (Hong Kong) HK$3 million for failing to take sufficient steps ... an investment portfolio of at least HK$8 million and must have a certain amount of investment experience. Banks and brokers must conduct an annual review to determine if their clients' portfolios ...




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