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  1. Taiwan arrests HK man for smuggling credit cards

    Posted Apr 09th 2004, 12:00am by Staff Reporter

    ... Benjamin Wong A Hong Kong man has been arrested while trying to smuggle more than 500 half-finished fake credit cards into Taiwan, reports from the island say. The 40-year-old man ... to be completed. The half-finished cards resembled credit cards issued by banks such as HSBC and Standard Chartered, the reports said. The suspect told the investigators he had been carrying the cards ...

  2. HSBC aims for 3 million credit card users

    Posted Apr 25th 2006, 12:00am by Staff Reporter

    ... Maria Chan HSBC, Hong Kong's biggest card issuer, aims to boost its credit cards to more than three million from the current 2.8 million using rewards and offers to woo customers, ... in the deterioration of credit card charge-off,' she said. Meanwhile, she said the bank also experienced strong card growth in over 30 per cent of the Asia-Pacific region, with cards in circulation, ...

  3. Corrections & clarifications

    Posted Apr 08th 2005, 12:00am by Staff Reporter

    ... & In Tuesday's report 'Lawmakers slam banks for raising charges' on page C1, Hang Seng Bank was named as one of two banks levying a new fee for investigations of electronic funds transfers and raising fees for late payment of credit card bills. HSBC is the only bank implementing the new charges. ...

  4. Merchants Bank leads in plastics

    Posted Apr 11th 2006, 12:00am by Staff Reporter

    ... credit cards as of last week, consolidating its lead in the mainland's plastic money market. The Shenzhen-based lender now commanded more than 30 per cent of the dual domestic and foreign ... the first mainland lender listed at home and abroad. Despite the aggressive marketing of its cards since December 2002, the bank kept the non-performing ratio of its credit card business below 1 per ...

  5. HSBC sells U.S. card business for US$32.7b

    Posted Aug 11th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com HSBC Holdings has struck a deal to sell its credit card and certain retail services businesses in the United States to Capital One Financial Corp, marking ... 11,'' said Stuart Gulliver, the chief executive of HSBC, who announced at the time that he wanted to sell the US credit card business since it had little cross-selling value with other HSBC ...

  6. Lai See

    Posted Jun 06th 2012, 12:00am

    ... understand the risks,' said Mr HSBC. 'So would you give a 16-year-old a second credit card under my name?' Stables enquired. Mr HSBC's eyes lit up, 'Yes of course.' So no problems with credit card risk - one of the bank's most profitable products. But how can anyone under 18 purchase iBonds? Weibo snuffs out June 4 candles The authorities at Sina Weibo, ...

  7. Company profile- Bank of Communications

    Posted Jun 02nd 2008, 12:00am by Staff Reporter

    ... such as deposits, mortgage loans, car loans, debit cards, credit cards, wealth management and foreign-exchange trading services, to customers. Treasury operations include interbank money market ...

  8. Company profile- Bank of Communications

    Posted Jun 11th 2007, 12:00am by Staff Reporter

    ... and services to retail customers such as deposits, mortgage loans, car loans, debit cards, credit cards, wealth management and foreign exchange trading services. Treasury operations include interbank ...

  9. HSBC to raise service charges

    Posted Jan 03rd 2009, 12:00am by Staff Reporter

    ... Ng Kang-chung HSBC is raising the fees for over 30 of its services next month, with some doubling in price, citing changes to the market. For credit card holders who do not settle the total outstanding balance on time, the financing charge will be 2.33 per cent a month - up from 2 per cent - or 31.86 per cent a year. Charges for changing coins and replacing passbooks ...

  10. Credit Suisse eyes business heirs in region

    Posted May 10th 2012, 12:00am

    ... George Chen george.chen@scmp.com Credit Suisse is targeting the second generation of successful entrepreneurs on the mainland for its private-banking business in Asia, where the number ... in Asia. It's simply too big,' Francesco de Ferrari, Credit Suisse's Asia-Pacific head of private banking, told the South China Morning Post yesterday. 'There's a lot ...




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