• Friday
  • April 18, 2014
  • Last updated: 12:40pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 223 for financial centre

Related topics matching your search

Search results

  1. Business - Banking & Finance - BANKING

    IMF latest to warn of Hong Kong banks' growing mainland exposure

    Posted Apr 09th 2014, 01:18pm by Jasper Moiseiwitsch

    ... been "rapid" and now comprises 19 per cent of local institutions' total assets- excluding loans to other banks. "While deepening integration suggests that financial linkages ... with the job of promoting international financial stability, comes as bankers said the Hong Kong Monetary Authority has informally cautioned them to tighten the approvals process on loans to mainland ...

  2. Business - Banking & Finance - BANKING

    Concerns over a collapse in China’s underground banking sector resurface

    Posted Apr 09th 2014, 10:07am by DANIEL REN IN SHANGHAI

    ... stability. In Yancheng, government officials pledged to crack down on rumour-mongers while sidestepping questions about the health of state-owned financial institutions. However, several officials ... money. Banking analysts warn that the worst is yet to come, with the mainland economy expected to slow down and the leadership promising to de-leverage an economy facing huge financial risks. ...

  3. Business - Banking & Finance - BANKING

    Account problems cloud Hong Kong hub hopes

    Posted Mar 24th 2014, 04:45am by Benjamin Robertson

    ... bank clients. People interviewed said clients were starting to look at Singapore, Dubai and other financial centres to base their accounts. "If it goes one step further and it becomes ... local operations every year. "If the banks don't change their human resources policy, that will be the real reason for Hong Kong not to be an international financial centre anymore ...

  4. Business - Banking & Finance - BANKING

    Banks face credit woes as market reform spurs defaults

    Posted Apr 04th 2014, 01:14am by KANIS LI

    ... the financial reforms in the world's second-largest economy, the government is allowing more flexibility in the system, including the liberalisation of interest rates which may reduce banks' ... Tsang, a managing director of S&P specialising in financial institutions ratings in the Asia-Pacific, said the bad loans and potential for further defaults in corporates would still ...

  5. Business - Banking & Finance - BANKING

    Concerns grow over Hong Kong lenders' heavy credit exposure to mainland Chinese firms

    Posted Mar 26th 2014, 06:34am by Reuters

    ... loans, but its exposure is the equivalent of 15 per cent of its GDP. Local banks in both centres have taken over lending that foreign players once dominated, drawn by low funding rates, ... managing director of financial institutions at Moody's Investor Services, said "a substantial part" was in lower-risk categories such as trade finance. This would include loans ...

  6. Business - Banking & Finance - BANKING

    Worried depositors descend on Jiangsu bank amid insolvency rumours

    Posted Mar 26th 2014, 05:29am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Bank run amid insolvency rumours In the latest sign of cracks appearing in the mainland's financial system, a rural commercial lender ... & Bond Market Investment Consulting Centre. "In other underdeveloped regions, things could be even worse." Shanghai resident Huang Jianguo said: "If I am not going to trust ...

  7. Business - Banking & Finance - BANKING

    ICBC mulls bid for Pioneer to extend global reach in asset management

    Posted Apr 03rd 2014, 05:16am by Reuters

    ... at home and as the country's leadership change precipitates more financial sector reforms, putting further pressure on profit margins. It clearly would make a big difference to [ICBC's] ... management joint venture with Credit Suisse in 2005. UniCredit, meanwhile, has been seeking to downsize amid record financial losses and a restructuring plan aimed at streamlining it. The Milan-based ...

  8. News - China Insider - BANKING

    Promotion of young Chinese banker with alleged military links sparks controversy online

    Posted Apr 03rd 2014, 04:14pm by Amy Li

    ... Amy Li chunxiao.li@scmp.com General's son Sun Jing's quick rise up the lender's ranks raises some eyebrows A young Agricultural Bank of China executive, said to be the son of a general from a People’s Liberation Army unit whose ex-leader is now at the centre of a corruption probe, became a hot topic on social media after papers leaked online showed he was tipped ...

  9. Business - Banking & Finance - BANKING

    China's nervous savers show need for deposit insurance

    Posted Mar 29th 2014, 01:13am by Reuters

    ... that the government will finish drafting legislation on a deposit insurance scheme within the next three months, and that the scheme will be accompanied by rules on bankruptcy of financial institutions. Yiwen ... according to Simon Gleave, regional head of financial services at KPMG. Mainland depositors have long assumed that the government would step in to prevent a bank from failing. But the nervous savers ...

  10. Business - Banking & Finance - BANKING

    Fed says no to Citigroup payout and buy-back plans

    Posted Mar 28th 2014, 01:40am by AP

    ... of the five banks whose plans were rejected by the Fed as part of its so-called "stress tests", an annual check-up of the country's biggest financial institutions. This year, 30 banks underwent the tests to determine if their capital buffers were large enough to keep them lending through another financial crisis. Citigroup had asked the Fed's permission to buy back US$6.4 ...




SCMP.com Account