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Results 1 - 10 of 29 for financial industry

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  1. News - World - UNITED STATES

    Citigroup banker Shawn Miller found dead in flat, with his throat cut

    Posted Nov 20th 2014, 09:51pm by Bloomberg

    ... the financial services industry as a thought leader and tireless advocate for environmental and sustainable business practices", bank executives wrote in a memo to employees in his division. ... on sustainability matters, including environmental and social policies related to industries such as mining and renewable energy, according to his LinkedIn profile. He helped oversee the development ...

    http://www.scmp.com/news/world/article/1644695/citigroup-banker-shawn-miller-found-dead-flat-his-throat-cut
  2. Business - Economy - CREDIT

    US debt default firewall still a work in progress as Thursday deadline looms

    Posted Oct 14th 2013, 12:00am by Bloomberg

    ... to handle debt with delayed payments. Even with two years of preparations, the financial industry is racing against an October 17 deadline, when the government says it runs out of its borrowing authority. Kenneth Bentsen, the president of the Securities Industry and Financial Markets Association (Sifma), told Congress that Wall Street was still at work, particularly in the US$5 trillion ...

    http://www.scmp.com/business/economy/article/1331089/us-debt-default-firewall-still-work-progress-thursday-deadline
  3. News - World - FINANCE

    No revenue, no assets, yet worth US$billions: stock regulators pull plug on social networking firm

    Posted Jul 13th 2014, 06:32am by GUARDIAN, Bloomberg, Reuters

    ... to create a social-network business. After the company's shares skyrocketed in value for no apparent reason, the US Securities and Exchange Commission and Financial Industry Regulation ... the chief financial officer, chief accounting officer, secretary, treasurer and director. Sanchez, a partner in Sanchez Medical Services, is also primary spokesman for the Medical Tourism Industry ...

    http://www.scmp.com/news/world/article/1552863/no-revenue-no-assets-yet-worth-usb-stock-regulators-pull-plug-social
  4. Business - Money

    Mainland China broker Shenyin & Wanguo buys Hong Yuan for 40b yuan

    Posted Jul 28th 2014, 04:26am by Bloomberg

    ... dwindles. The Hong Yuan purchase is the biggest takeover in the mainland financial industry, surpassing Ping An Insurance's US$4.3 billion acquisition of Shenzhen Development Bank in 2011, data ... investor that holds stakes in China's biggest banks and other financial institutions, controls both Shenyin & Wanguo and Hong Yuan. The merger plan was part of Huijin's strategy ...

    http://www.scmp.com/business/money/markets-investing/article/1560729/mainland-china-broker-shenyin-wanguo-buys-hong-yuan
  5. Business - Money - INVESTMENT

    China slowdown risks fuel investor hedging rush

    Posted Nov 22nd 2014, 04:58am by Bloomberg

    ... last year, the Financial Stability Board said. The industry includes wealth management products, trusts and other financial instruments operating beyond regulators' direct control. Some ... and the shadow banking industry in turmoil. Bulls highlight the country's US$3.9 trillion reserves, a benchmark 10-year yield of 3.65 per cent and a growth rate forecast by the International ...

    http://www.scmp.com/business/money/markets-investing/article/1645743/china-slowdown-risks-fuel-investor-hedging-rush
  6. Business - Banking & Finance

    Bad loans rise as growth slows

    Posted Nov 17th 2014, 05:08am by Bloomberg

    ... to 247.2 per cent at the end of September from 262.9 per cent in June. Their capital adequacy ratio rose to 12.93 per cent from 12.4 per cent. Industrial and Commercial Bank of China, ... a state-owned miner and steel trader that in September reported financial difficulties. The mainland's gross domestic product is expected to grow 7.4 per cent this year, the least since 1990. ...

    http://www.scmp.com/business/banking-finance/article/1641593/bad-loans-rise-growth-slows
  7. Business - Banking & Finance - BANKING

    HSBC among five banks fined US$3.4 billion for rigging foreign exchange market

    Posted Nov 13th 2014, 05:38am by AP, Bloomberg

    ... foreign exchange markets- the latest penalties for an industry previously criticised for rigging interest rates and for their role in triggering the global financial crisis. The US Commodity Futures Trading Commission, the UK Financial Conduct Authority and the Swiss Financial Market Supervisory Authority said Citibank, JPMorgan Chase, Royal Bank of Scotland, HSBC and UBS had agreed ...

    http://www.scmp.com/business/banking-finance/article/1638444/hsbc-among-five-banks-fined-us34-billion-rigging-foreign
  8. Business - Companies - MERGERS

    Samsung calls off merger of shipbuilding and engineering units

    Posted Nov 20th 2014, 07:13am by Bloomberg

    ... to win shareholders' confidence in creating the combined entity. Samsung Heavy Industries, the world's third-largest maker of ships, had to buy back 923.5 billion won of stock from ... knowhow to minimise risks of cost overruns, Samsung Heavy chief financial officer Chun Tae-heung had said in September. Samsung Heavy plans to set up its first overseas facility to build bulk ...

    http://www.scmp.com/business/companies/article/1644102/samsung-calls-merger-shipbuilding-and-engineering-units
  9. News - Asia - MYANMAR

    Singapore beats China to become top investor in Myanmar

    Posted Nov 17th 2014, 10:54pm by Bloomberg

    ... for the US and other foreign countries to register because of its functioning political, legal and financial systems, the official said. Direct foreign investment in Myanmar this year will rise ... when the country opened to foreign investment, he said. Most of the investment went into telecommunications and "early industries", such as food stuffs and textiles, Thein said. ...

    http://www.scmp.com/news/asia/article/1642453/singapore-beats-china-become-top-investor-myanmar
  10. Business - China Business - DAIRY

    China Modern Dairy stock falls amid tuberculosis probe

    Posted Nov 13th 2014, 07:10am by Bloomberg

    ... Modern Dairy said in a statement to the Hong Kong Stock Exchange. Humans can contract TB by drinking unpasteurised raw milk from infected cows. The mainland's dairy industry has struggled ... Morning Post. "The incident will not have a material effect on the financial condition or the operation of the group," Modern Dairy said in the statement, adding that it's ...

    http://www.scmp.com/business/china-business/article/1638500/china-modern-dairy-stock-falls-amid-tuberculosis-probe

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