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  • October 23, 2014
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Results 1 - 10 of 80 for cross-border traders

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  1. Cepa adds to cross-border commercial gains

    Posted Mar 31st 2004, 12:00am by Staff Reporter

    ... Kelvin Wong HSBC Hong Kong's commercial banking business is riding high on the flourishing cross-border economy. The banking division says things can only improve with the closer economic partnership arrangement (Cepa) in force. For the first two months of this year, the division's non-interest income grew 22 per cent year on year, while new loans swelled 16 per cent. ...

  2. Half of SMEs in HK may trade in yuan within a year, survey finds

    Posted Jan 21st 2011, 12:00am by May Chan

    ... Albert Chan, the head of commercial banking at HSBC, said traders were getting used to yuan trade. The volume of cross-border yuan settlements by HSBC has risen to 45 billion yuan (HK$53.16 ... May Chan About half the small and medium-sized enterprises in Hong Kong may opt to use the yuan to settle cross-border trade in the next 12 months, according to an HSBC survey. The bank ...

  3. On the move

    Posted Jul 09th 2011, 12:00am

    ... of market infrastructure and high-frequency trading. Virginia Tam Partner White & Case Tam is experienced in mainland and Hong Kong-based cross-border corporate and securities transactions. She was previously a partner with Jones Day. Sally Hung Partner Baker & McKenzie Hung focuses on structured finance, syndicated and project loans, cross-border mainland-related financing and general ...

  4. Yuan bond market 'to face pressure'

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

    ... cross-border yuan trade settlement, HSBC Holdings said. Beijing allowed designated mainland companies to settle export and import contracts with businesses in Hong Kong, Macau and members of the Association of Southeast Asian Nations in yuan from last week as part of a pilot scheme. HSBC analyst Zhang Zhiming said successful cross-border yuan trade settlement implied growing yuan holdings ...

  5. Business - Banking & Finance - BANKING

    HSBC blames red tape for 12 per cent drop in profits

    Posted Aug 04th 2014, 04:59pm by DON WEINLAND

    ... have been gradually been buying back HSBC shares since. Standard Chartered reports its interim earnings tomorrow. Traders appeared relieved that HSBC's first-quarter fall of 20 per cent ...

  6. HSBC drawn into US tax hunt in India

    Posted Apr 09th 2011, 12:00am

    ... government investigations in Asia generally,' said William McGovern, a Hong Kong-based partner at the US law firm Kobre & Kim. 'The government's view is that as capital crosses borders then fraud crosses borders as well, and they will investigate wherever they think that leads.' In September 2009, IRS officials descended on Hong Kong to audit American ...

  7. Business - Banking & Finance - BONDS

    HSBC unit taps into onshore debt market

    Posted Dec 16th 2013, 04:28am by Jeanny Yu

    ... with only 24 trillion yuan (HK$30.6 trillion) worth of offerings due to tight capital control. However, expectations of the doors widening are high after Beijing vowed to boost cross-border flows ...

  8. StanChart first to fight US charges

    Posted Aug 09th 2012, 12:00am

    ... Whether the bank wins or loses, the fight between US regulators and a foreign-based bank could have important implications for the future shape of cross-border banking. StanChart may have ...

  9. Bank halts mainland yuan service

    Posted Apr 30th 2008, 12:00am by Staff Reporter

    ... withdrawal of the cross-border service could be a one-off. 'The mainland regulator will speak out if they have any concern,' he said. 'They don't need to pass on the message ...

  10. Mainland move seen as a golden chance instead of a chore

    Posted Mar 12th 2005, 12:00am by Staff Reporter

    ... the past, staff hesitated to move but more are recognising the opportunities.' Some are even volunteering for secondment to gain cross-border experience. Like other banks, Hang Seng is making ...




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