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  1. Mainland revamps pension schemes

    Posted May 28th 2007, 12:00am by Staff Reporter

    ... of nearly US$12 billion. The World Bank estimates that will grow to US$1.8 trillion by the end of 2030, when it would be the world's third-largest scheme. This means the new pension market ... for custodian banks and 1.2 per cent for investment managers, while account managers have been set a five-yuan limit on each account. That means financial institutions will make revenue only on a scale ...

    http://www.scmp.com/article/594586/mainland-revamps-pension-schemes
  2. Banks lose shine among local business students

    Posted Jun 28th 2012, 12:00am

    ... Anita Lam anita.lam@scmp.com Once the symbol of security, bank jobs seem to be losing their appeal for university students. A survey that ranks the popularity of Hong Kong's major employers found that various banks, with the exception of HSBC, slipped up to 10 places this year. Stockholm-based consultancy Universum, which conducted the survey, blamed the grim economy ...

    http://www.scmp.com/article/1005257/banks-lose-shine-among-local-business-students
  3. HSBC staff plan to take sick leave in job protest

    Posted Jan 20th 2012, 12:00am

    ... Ng Kang-chung and Lulu Chen HSBC employees are planning a 'sick-leave protest' next week after a rumour made the rounds that the bank will sack up to 1,000 people after the Lunar New Year holiday. An online campaign is calling for HSBC staff to phone in sick next Thursday, when the bank reopens for business after a three-day break. The brewing labour dispute comes ...

    http://www.scmp.com/article/990635/hsbc-staff-plan-take-sick-leave-job-protest
  4. HKIB talk offers key to banking

    Posted Nov 12th 2011, 12:00am

    ... Chris Davis A free seminar has been organised to provide insights into the qualifications needed and the expectations of employers seeking to hire fresh banking recruits. Co-organised by the Hong Kong Institute of Bankers (HKIB) and Classified Post, the November 18 workshop, entitled 'Getting into banking has never been easier', will be presented in Cantonese and aimed ...

    http://www.scmp.com/article/984546/hkib-talk-offers-key-banking
  5. 100 HSBC staff fired as part of bigger cull

    Posted Feb 10th 2012, 12:00am

    ... the information technology and private banking units and included staff at the managerial and frontline levels. Unionists accused the bank of a lack of social responsibility and urged HSBC staff not to work more than one hour of overtime a day to express their discontent. The Hong Kong Banking Employees' Association, one of the major unions for local bank staff, said members working ...

    http://www.scmp.com/article/992203/100-hsbc-staff-fired-part-bigger-cull
  6. Jobless figure plunges to 7.5pc

    Posted Dec 19th 2003, 12:00am by Kelvin Chan

    ... to drive the recovery,' said Prakash Sakpal, an economist at ING Financial Markets. 'The construction and export industries also had an improved jobless rate, which suggests ... But the bank said it would increase staff share options. ...

    http://www.scmp.com/article/438696/jobless-figure-plunges-75pc
  7. Worst is 'almost over for HSBC in HK'

    Posted Feb 28th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com HSBC says the worst is nearly over for the bank's operations in Hong Kong, as its restructuring plans in the city are to be wrapped up by the end of the second quarter. But the bank would not say how many Hong Kong employees it had laid off or how many it planned to let go as it concluded its cutbacks. Last week it said there would be fewer job ...

    http://www.scmp.com/article/993859/worst-almost-over-hsbc-hk
  8. HSBC may boost region's workforce 5pc despite cuts

    Posted Feb 29th 2012, 12:00am

    ... chief executive Peter Wong Tung-shun. Last year the bank said it would cut 30,000 jobs globally, or 10 per cent of its workforce, as part of plans to save US$3.5 billion in annual costs. In Hong ... be completed by the end of June. He also said the bank would continue to hire in the region as it developed more fee-income and yuan-related businesses. But even as the bank's Asia-Pacific ...

    http://www.scmp.com/article/994038/hsbc-may-boost-regions-workforce-5pc-despite-cuts
  9. Hang Seng Bank staff to enjoy pay rise of up to 12pc

    Posted Jan 19th 2008, 12:00am by Staff Reporter

    ... Staff at Hang Seng Bank can expect a pay rise of up to 12 per cent this year - their highest for 14 years. In an internal circular issued to the bank's 7,800 employees yesterday, ... the circular said these would be determined after the bank's annual financial performance was known in March. Hang Seng Bank is the third-largest money lender in Hong Kong by assets. It is also ...

    http://www.scmp.com/article/623533/hang-seng-bank-staff-enjoy-pay-rise-12pc
  10. Bank to open Saturdays

    Posted Dec 01st 2007, 12:00am by Staff Reporter

    ... Staff reporter Banking giant HSBC will resume full counter services at its branches on Saturday mornings from January and will hire 200 staff for the purpose. Under the plan, all HSBC ... services. The changes will take effect from January 2. Opening hours on weekdays remain unchanged. Diana Cesar, head of general banking in the bank's personal financial services division, said ...

    http://www.scmp.com/article/617813/bank-open-saturdays

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