• Monday
  • April 21, 2014
  • Last updated: 10:34am
Hong Kong




Search Results

Results 1 - 10 of 824 for financial industry

Related topics matching your search

Search results

  1. News - China - BANKING

    Bank of China vice-president resigns after allegations of affairs

    Posted Apr 19th 2014, 01:54pm by Staff Reporter

    ... within the party as an internal disciplinary measure, it said. Bank of China is the 11th largest bank in the world, with US$2.2 trillion in total assets, according to a ranking by SNL Financial ...

  2. Business - Economy - CURRENCIES

    China and UK in talks over London yuan clearing bank

    Posted Feb 20th 2014, 11:16am by Jeanny Yu

    ... that Hong Kong banks handle now are from Europe, as about 47 per cent of yuan global payments excluding mainland China and Hong Kong are from the continent, according to data from financial services ... banks, all state-backed subsidiaries of mainland banks: Bank of China (Hong Kong), Bank of China's Taiwan branch and Industrial and Commercial Bank of China's branch in Singapore. BOCHK ...

  3. Business - Banking & Finance - CURRENCIES

    BOC Hong Kong fends off new competition in yuan trading

    Posted Feb 17th 2014, 04:47am by KANIIS LI, Jeanny Yu

    ... competition in yuan trading The Hong Kong unit of the state-owned Bank of China is stepping up marketing of its improved clearing services to western financial institutions in Hong Kong after losing ... plays an important role in the overall currency strategy. Two state-backed lenders, Bank of China's branch in Taipei and Industrial and Commercial Bank of China's branch in Singapore, ...

  4. Back on the financial deck

    Posted Jul 09th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com After keeping a low profile for some years, Executive Council member and veteran financial regulator Laura Cha Shih May-lung will be back in the limelight again after her appointment to chair a task force to set up the planned Financial Services Development Council. Cha's appointment to oversee the creation of the new council- which ...

  5. Business - Banking & Finance - REMUNERATION

    Hong Kong employees at Asian banks expecting strong bonus season

    Posted Jan 07th 2014, 09:55am by George Chen, KANIS LI

    ... major Singaporean lenders DBS and United Overseas Bank, are expected to give many of their staff in Hong Kong a bonus equal to five or six months of their salaries on average, financial industry ... George Chen and Kanis Li Unlike their Western rivals, regional financial companiesare expected to offer fat rewards Asian banks to give bonus surprise Many Hong Kong-based employees ...

  6. Financial plays rally as US accounting rule change boosts hopes

    Posted Apr 04th 2009, 12:00am by Staff Reporter

    ... Natalie Chiu Hong Kong financial stocks continued to rally yesterday as investors hoped an expected easing of accounting rules would help banks and other industry players report higher ... to HK$2.62, Industrial and Commercial Bank of China declined 0.97 per cent to HK$4.06 and China Construction Bank Corp fell 1.09 per cent to HK$4.54. Analysts expect Hong Kong banks to benefit more ...

  7. Business - Banking & Finance - CURRENCIES

    London challenges Hong Kong with BOC's yuan bond

    Posted Jan 09th 2014, 01:49pm by Jeanny Yu

    ... in 2012 and Industrial and Commercial Bank of China last year. Most of ICBC's bonds in London- 70 per cent of the three-year notes and 65 per cent of the five-year notes- were sold to Asian ...


    Posted Oct 03rd 2005, 12:00am by Staff Reporter

    ... [market], there will be huge potential for foreign banks in terms of products and services after the market fully opens.' David Marshall Managing director and Asia-Pacific head of financial ... be commercial while majority government-owned.' Wu Xiaoling Deputy governor of the People's Bank of China 'The current state of China's financial development isn't compatible ...

  9. News - China

    Quest for justice in Israel suicide bomb death opens web of intrigue

    Posted Nov 02nd 2013, 03:50am by Reuters and staff reporter

    ... on a Tel Aviv restaurant in 2006. His father was among the injured in the blast. The US government says the Islamic Jihad faction, which claimed responsibility for the attack, receives financial ... restitution in US courts. Plaintiffs have filed claims seeking judgments against secretive groups and rogue nations and also against financial institutions that have held or passed assets belonging ...

  10. Business - Banking & Finance - CURRENCY PRODUCTS

    Bank of China targets yuan markets in West

    Posted Oct 28th 2013, 04:33am by Jeanny Yu

    ... that concerns over shadow banking in China had been exaggerated by investors who tended to compare China's financial system to that of the Western world. "The risks some foresee ... previously headed Financial Risk Management- a global fund of Asian hedge funds- said BOCHK would seek to differentiate itself from its peers with "an ability to combine a quantitative approach ...




SCMP.com Account