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  • October 20, 2014
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Results 1 - 10 of 126 for financial industry

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  1. Business - Banking & Finance - FINANCE

    Britain’s financial services firms add staff on expectations of higher profits

    Posted Oct 06th 2014, 01:33pm by Reuters

    ... and adding staff in recent months, an industry survey shows. Following the 2007-09 financial crisis, many of Britain’s banks and financial services firms were forced to trim costs and cut jobs ... said in a statement that accompanied the report. Separate research from recruitment firm Astbury Marsden said financial sector firms in London, home to about a third of the industry’s workers, ...

    http://www.scmp.com/business/banking-finance/article/1610569/britains-financial-services-firms-add-staff-expectations
  2. Business - Economy - FINANCE

    Financial Secretary John Tsang eyes law reform to attract capital to Hong Kong

    Posted Sep 24th 2014, 03:47am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Legal changes will lure investment funds and foreign firms to city, predicts financial secretary Tsang eyes law reform to attract capital to HK Financial Secretary John Tsang Chun-wah yesterday said Hong Kong was amending its laws to become a more attractive financial hub, which analysts said would enable the city to compete against rivals ...

    http://www.scmp.com/business/economy/article/1599035/financial-secretary-john-tsang-eyes-law-reform-attract-capital-hong
  3. Business - Banking & Finance - FINANCE

    Mainland investment abroad surges 90pc

    Posted Oct 17th 2014, 05:07am by Victoria Ruan

    ... investment (ODI) by non-financial companies on the mainland soared 90.5 per cent in September to US$9.8 billion, after more than doubling the year-earlier level in August, the Ministry of Commerce ... property downturn and excess capacity in many industries are weighing on efforts to maintain economic growth. Beijing has also encouraged companies to invest overseas in a bid to ease pressures ...

    http://www.scmp.com/business/banking-finance/article/1617977/mainland-investment-abroad-surges-90pc
  4. News - China - FINANCE

    Wealth management industry distorting economy and needs reform, PBOC official says

    Posted May 11th 2014, 05:25am by Reuters

    ... wealth-management sector has exploded in recent years. Liu warned non-financial companies were increasingly becoming involved in the wealth-management industry, lured by the attractive returns on offer. ... Reuters in Beijing Industry needs reform as it drives up lending cost and invites gambling, deputy governor says PBOC officialfires warning towealth managers The wealth-management industry ...

    http://www.scmp.com/news/china/article/1509432/wealth-management-industry-distorting-economy-and-needs-reform-pboc
  5. Lifestyle - Technology - FINANCE

    Financial platform Thinknum encourages communal approach

    Posted Apr 18th 2014, 08:23am by Pavan Shamdasani

    ... Pavan Shamdasani life@scmp.com Web tool aims for safety in numbers If the 2008 global economic crisis proved anything, it's that the fate of the financial world is often based on logical guesswork- financial valuations and projections based on assumptions of how well a company will perform. In the industry, they're known as "financial models"- sometimes ...

    http://www.scmp.com/lifestyle/technology/article/1486061/financial-platform-thinknum-encourages-communal-approach
  6. News - China - FINANCE

    Risk aversion, rather than financial reform, likely to top NPC agenda

    Posted Mar 04th 2014, 05:37pm by JANE CAI

    ... governments and state-owned enterprises received the bulk of funding in the economic stimulus following the 2008-09 global financial meltdown. White elephants and excessive industrial capacity were ... Jane Cai xuejun.cai@scmp.com Policymakers are expected to focus more on containing financial risk than vowing to make breakthroughs in financial reforms as deputies gather this week ...

    http://www.scmp.com/news/china/article/1440200/risk-aversion-rather-financial-reform-likely-top-npc-agenda
  7. Business - Money - FINANCE

    Shanghai stock market link-up with Hong Kong's 'ready for launch'

    Posted Sep 27th 2014, 04:26am by Enoch Yiu, Daniel Ren

    ... told the Post that the city's top finance officials, including Financial Secretary John Tsang Chun-wah, had been told to keep October 27 free to co-host a launch ceremony in Shanghai. Hong ...

    http://www.scmp.com/business/money/markets-investing/article/1601378/shanghai-stock-market-link-hong-kongs-ready-launch
  8. Business - Banking & Finance - FINANCE

    HSBC pays US$550m to settle US claims over mortgage-backed securities

    Posted Sep 14th 2014, 06:35am by AP

    ... government agreement over actions related to the financial crisis that struck in 2008. The meltdown, triggered by vast sales of high-risk mortgage-backed securities, plunged the US economy ... at the height of the financial crisis in September 2008 when they were on the verge of collapse. The companies received taxpayer aid totalling US$187 billion. They have since become profitable ...

    http://www.scmp.com/business/banking-finance/article/1591986/hsbc-pays-us550m-settle-us-claims-over-mortgage-backed
  9. News - Hong Kong - FINANCE

    SFC launches legal action against Citic to demand compensation for investors

    Posted Sep 11th 2014, 11:17pm by Enoch Yiu

    ... a false or misleading statement about its financial position. The circular concerned a transaction of its subsidiary Dah Chong Hong Holdings but contained a statement saying "the directors are not aware of any adverse material change in the financial or trading position of the Group since 31 December 2007." The company issued another announcement on October 20, 2008, saying it had ...

    http://www.scmp.com/news/hong-kong/article/1590457/sfc-launches-legal-action-against-citic-demand-compensation-investors
  10. Business - Companies - FINANCE

    Under-fire Citic seeks legal advice on SFC's HK$1.9 billion lawsuit

    Posted Sep 13th 2014, 04:28am by Enoch Yiu

    ... a subsidiary, was false or misleading when it said "the directors are not aware of any adverse material change in the financial or trading position of the group since 31 December 2007." Six ...

    http://www.scmp.com/business/companies/article/1591313/under-fire-citic-takes-legal-advice-sfc-writ-analyst-call-action

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