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  • October 25, 2014
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  1. Business - Banking & Finance

    Hong Kong on track to become top financial centre

    Posted Dec 13th 2012, 12:37pm by Jeanny Yu

    ... Jeanny Yu Hong Kong is expected to overtake London by 2015 and surpass New York by 2016 to become the world’s biggest financial centre, reflecting a massive shift in the balance of power ... overtaken  London to reach 248,000, according to the lastest report released by the London-based Centre for Economics and Business Research (CEBR). By 2015, London would have 237,000 financial ...

  2. Young upstart emirate forms unique niche as finance centre

    Posted Sep 23rd 2007, 12:00am by John Church

    ... in the young emirate, an expert with the centre says. Director of Asset Management at Dubai International Financial Centre (DIFC), Kevin Birkett, also said that two-way trade with China was spiking as Dubai sought out its financial partners to form its own unique niche, bridging the time gap between the financial centres of Hong Kong and London and servicing a region with the largest untapped ...

  3. Business is booming in Europe's financial hub

    Posted Jun 22nd 2007, 12:00am by Chris Davis

    ... centre for all forms of fund management and investment business. The Luxembourg financial centre has gained a reputation as an increasingly sophisticated market, supported by government policies ... stability, have attracted banks and investors from all over the globe. Good communications, easy access to other European financial centres, skilled multilingual staff, and a tradition of banking ...

  4. Tsang urged to map out vision for financial services

    Posted Jan 15th 2007, 12:00am by Staff Reporter

    ... that positioning Hong Kong as China's international financial centre would serve a dual purpose. It would enhance the country's status and competitiveness in the world, while at the same time ... financial hub, in addition to being an international convention and exhibition centre, and logistics hub. The action agenda comprises five reports. They result from studies by 33 panellists from ...

  5. Financial firm has vacancies for consultants

    Posted Apr 09th 2005, 12:00am by Staff Reporter

    ... look no further. One of Hong Kong's largest independent financial organisations is inviting financial consultants to join its team. A recruitment seminar will be held on April 14 in Cigna Tower, Causeway Bay, to introduce career opportunities. Established in 2001, the Altruist Financial Group provides one-stop financial services that include insurance, investment funds, consumer ...

  6. A formula for financial heartache

    Posted May 18th 2006, 12:00am by Alex Lo

    ... Alex Lo It is a sad irony that we live in one of the great financial centres of the world, yet so many of us are clueless when it comes to elementary finance and investment. This fact is borne out in survey after survey. The Consumer Council this week warned elderly investors about so-called financial advisers, who push them to buy investment products with no guaranteed return, ...

  7. Comment - Insight & Opinion

    Loss of Chinese banks will dent London's ambitions

    Posted Dec 12th 2012, 12:00am by Donald Gasper

    ... for the British capital's highly vaunted status as an international financial centre. A letter sent by the Association of Foreign Banks to the UK Treasury on behalf of Chinese banks this year ... to London's dreams of becoming the European centre for Chinese banking. The British move is part of the reaction to the financial crisis which exposed the vulnerability of many Western financial ...

  8. Software to give advisers hi-tech edge

    Posted Jul 11th 2009, 12:00am by John Cremer

    ... John Cremer One key feature of the SCMP/IFPHK Financial Planner Awards over the past five years has been to maintain three distinct categories for entrants working for banks, insurance companies or independent financial advisories (IFAs). Besides recognising the full scope of the industry, this has made it possible for practitioners to match themselves against the best ...

  9. Small firms in tight spot over financing

    Posted Nov 24th 2008, 12:00am by Martin Zhou

    ... steadily forward,' said Jonathan Gu, an official with the Shanghai government SME service centre. But despite the decrees from on high and the good intentions, the benefits have yet to be seen ... the financial crisis. The central government is loosening monetary policy, but banks are tightening lending.' Banks' exposure to export-oriented manufacturers and small enterprises has been ...

  10. Comment - Insight & Opinion

    The plight of Wenzhou's reform project could determine the nation's future

    Posted Apr 04th 2013, 12:00am by Hu Shuli

    ... service sector, regulatory system and capital market. Some achievements have been made, resulting in the formation of some small financial companies, rural banks, private lending centres ... Hu Shuli Hu Shuli says a strategic push by the central government will hold the key to the effective implementation of financial changes on the ground The plight of Wenzhou's reform ...




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