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  1. From strength to strength

    Posted Aug 08th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Dutch lender ING's Asia operation expects robust economic growth and increasing cross-border investments in its region, and hopes to maintain its strong annual revenue growth in the medium term. Vaughn Richtor, chief executive of ING's banking in Asia, said the lender had achieved an annual revenue growth of 20 per cent to 25 per cent over ...

  2. Mainland lenders review foreign ties

    Posted Jan 16th 2009, 12:00am by Staff Reporter

    ... investors more say in management.' In October last year, Dutch financial group ING announced it would boost its 16 per cent stake in Bank of Beijing, a city commercial bank, to 20per cent. Mr ... Jane Cai in Beijing Partnerships come under scrutiny amid stake sales In an emotional outburst unusual for mainland enterprises, Bank of China said it would not forget 'partners who ...

  3. quote of the week

    Posted Jan 11th 2010, 12:00am by Staff Reporter

    ... The 'people of these two countries' are the British and the Dutch. Iceland owes them a lot of money. Dutch and British people had saved their money in Iceland's banks. When the banks failed, ...

  4. 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

    ... 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 ... that there is a certain backstop,' says the Dutch finance minister of the refinancing that some of the 91 banks may be asked to undertake. Get yourself a new finance minister, cousins. This one is bent ...

  5. Let's give bad bankers a venue to admit their sins

    Posted Jul 25th 2012, 12:00am

    ... to remain in business, but there ought to be limits to the kind of money it handles. The bank is not alone, as Wachovia and ING have both been fined for Mexican, Iranian or Cuban irregularities. ... daily is reasonably sure it does this task well: so it empowers banks to exchange currencies according to a standard. It was Barclays that first hit the headlines for its apparent efforts ...

  6. Banker jailed for forging signatures to move assets

    Posted Jun 26th 2012, 12:00am

    ... of ING Asia Private Bank when she moved HK$500,000 and bonds worth 50 million yen (HK$4.82 million) from a client's account to help her husband and brother-in-law, the court heard. Choi had known the client, a 63-year-old retired woman, since 2000. In 2007 the client opened an investment account at the bank and Choi became her relationship manager. A number of documents ...

  7. Rural fallout seen likely to soften curbs on lending

    Posted May 06th 2004, 12:00am by Staff Reporter

    ... prices in real estate moving up quite a bit,' said Paul Sheehan, managing director and regional head of banking at ING Financial Markets. 'These are all kinds of tip-offs in what my old ... Kelvin Wong Mainland regulators are not keen to do anything that will hurt poorer regions The economy may be overheating, but mainland banking regulators are unlikely to take drastic ...

  8. Communication with clients puts ABN Amro banker on top

    Posted Sep 23rd 2007, 12:00am by Chris Davis

    ... of the Dutch banking firm's network into China and other Southeast Asian markets. 'Barend Janssens has spearheaded the growth of ABN Amro's Asian operations with inspirational leadership ... Chris Davis While leading a team in an environment of uncertainty and speculation surrounding the merger of ABN Amro with other banking organisations, Barend Janssens, ABN Amro's head ...

  9. Mainland city banks cleared to go national

    Posted Apr 14th 2007, 12:00am by Staff Reporter

    ... Lee Yuk-kei The mainland's banking regulator will allow the country's 114 city commercial banks to expand their businesses nationwide, a move that will strengthen their competitiveness and boost their attractiveness to investors. 'Given that city commercial banks are also joint-stock banks, they can expand their business across different regions [in the country] ...

  10. Banks face ratings test for foreign investments

    Posted Jun 23rd 2006, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing and Maria Chan Beijing anxious to reduce risks as local lenders take funds abroad under QDII China's commercial banks will not be allowed to invest directly in offshore stocks, commodity derivatives or bonds that rate below BBB under the qualified domestic institutional investor (QDII) scheme. The China Banking Regulatory Commission (CBRC) announced ...




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