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  1. Business - Banking & Finance - MR. SHANGKONG

    Amex can make a difference if it takes complaints seriously

    Posted Apr 22nd 2013, 12:00am by George Chen

    ... make a difference if it takes complaints seriously It's no secret that many well-paid bankers are fans of American Express credit cards, which to some have an aura of exclusivity - Visa ... a month's notice that it would stop its signature "Concierge" service for some of its clients. Earlier this month, Amex Platinum credit-card holders in Hong Kong received a letter from ...

  2. Business - Comment - LAI SEE

    Even for the Black Card, it's a bit rich of Amex to double fee

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

    ... Howard Winn The American Express Centurion Card- informally known as the Black Card- recently sent out a nice letter to its users but with a sting in the tail. The Black Card is, as Forbes describes it, the Bugatti of credit cards and use is by invitation only. As Amex says on its website: "Rarely seen, always recognised." It goes on to say, "Available by invitation ...

  3. HSBC hits small account holders

    Posted Jul 05th 2005, 12:00am by Staff Reporter

    ... no threshold requirement. The fee adjustments came about three months after the bank introduced several fee changes. From May 1, the bank raised the late credit card payment charge from a minimum ...

  4. Rivalry hurts StanChart mortgage, card business

    Posted Mar 02nd 2007, 12:00am by Staff Reporter

    ... Maria Chan The contribution of mortgage and credit card business to Standard Chartered's Hong Kong consumer banking revenue fell below 50 per cent for the first time last year because of stiff competition, the bank's Hong Kong chief executive Peter Sullivan said. Mortgages and credit cards contributed 43 per cent to local consumer banking revenue last year, compared with 51 ...

  5. Credit where it's due

    Posted Apr 21st 2007, 12:00am by Tim Metcalfe

    ... individuals. If you have a locally approved credit card or a loan, your details are in there, and that is largely down to the perseverance of 46-year-old Mr Yuen. Despite official resistance, he ... applications a day for credit cards and loans. 'Credit must always be used in a prudent manner,' Mr Yuen said. 'Bad loans and bankruptcies have gone down a lot, and it is good ...

  6. News - Business - FINANCE

    HSBC cards no longer work in many overseas ATMs

    Posted May 12th 2013, 12:00am by John Carney

    ... John Carney john.carney@scmp.com Customers going abroad complain of trouble getting hold of their money and blame bank's decision to link up to a single global network HSBC ATM cards ... their hands on their cash from ATM machines. That's because the bank has switched to chip-embedded cards that connect to a single global payment network. Previously, access was provided ...

  7. quiz time

    Posted Apr 21st 2008, 12:00am by Staff Reporter

    ... to you, investments...) to be transformed into cash quickly c) means coins and banknotes 3 The credit risk is: a) if people don't pay the amount due on their credit cards b) if customers ... account b) when banks process and settle the payment of transactions (cheques, credit cards...) c) accounting for all the bank transactions in order to clear the accounts once a year Here ...

  8. Company profile - ICBC

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

    ... The Industrial and Commercial Bank of China's main activities are personal banking, corporate banking and investment banking. Under personal banking services, the group provides personal internet banking, consumer finance, property loans and credit card business. Through corporate banking services, the group provides commercial lending, community lending, securities ...

  9. Bank of Communications

    Posted Jun 26th 2006, 12:00am by Staff Reporter

    ... car loans, debit cards, credit cards, wealth management and foreign exchange trading services. Treasury operations include inter-bank money market transactions, foreign exchange trading ...

  10. Business - Banking & Finance

    Fitch blasts S&P over Credit Suisse mortgage debt

    Posted Dec 04th 2012, 03:50pm by Bloomberg

    ... Bloomberg in New York The AAA ratings assigned by Standard & Poor’s in a mortgage-bond deal by Credit Suisse Group AG are too high, Fitch Ratings said for the second time this year. ... of competitors’ grades on securitized debt after investors and lawmakers accused them of lowering standards to win business as issuers practiced so-called ratings shopping during the credit boom. A report ...




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