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  • November 23, 2014
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  1. Margaret Leung to head Hang Seng

    Posted Feb 27th 2009, 12:00am by Enoch Yiu

    ... Raymond Or Ching-fai, sources said. Mrs Leung, 56, HSBC's general manager and global co-head of commercial banking, would succeed Mr Or and become the bank's first female chief executive ... 'first' for Mrs Leung. In 2005, she became the first Chinese woman in HSBC's 143-year history to become a group general manager. In her current role, she is responsible for HSBC's ...

  2. Insurance chief resigns over trips

    Posted Jul 25th 2008, 12:00am by Enoch Yiu

    ... or delays by their overseas buyers. An ECIC spokeswoman confirmed Mr Cheung had resigned without giving any reasons. She said general manager Cynthia Chin Sau-yin was now acting commissioner. Mr Cheung joined the ECIC in 1978, was promoted to general manager in 1996 and became commissioner in 2001. He could not be reached for comment. The ECIC spokeswoman said he was on holiday. ...

  3. Venture sees promise in Zhongshan

    Posted Aug 09th 2005, 12:00am by Enoch Yiu

    ... by the time we open our doors for business,' said James Lin, the general manager of Manulife-Sinochem. ...

  4. Manulife adopts expansion policy

    Posted Nov 05th 2005, 12:00am by Enoch Yiu

    ... ago. For the first nine months of the year, the net income was also up 7 per cent at $1.28 billion. Michael Huddart, senior vice-president and Hong Kong general manager, said strong growth had ... year. Manulife Financial senior executive vice-president and general manager for Asia Victor Apps said the earnings were offset by higher claims for property damage cover of C$198 million ...

  5. Business - Money - SHARES

    New additions to HSI family likely with through train share scheme

    Posted Aug 01st 2014, 02:02am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com HSI family new additions likely with stock scheme The Hang Seng Index is all of half a century old and the man who oversees the compiling of the benchmark believes new indices will be issued once the through train scheme for cross-trading of stocks in Hong Kong and Shanghai is launched in October. Vincent Kwan, the director and general manager ...

  6. HSBC, Citibank raise mortgage rates 0.25pc

    Posted Jul 03rd 2008, 12:00am by Enoch Yiu

    ... not raised rates yet. However, Tong Hon-shing, BEA's general manager and head of personal banking, said they were 'actively considering' raising mortgage rates and might come ... the lender was gradually increasing mortgage rates from 2.5 per cent to 2.75 per cent. Stanley Wong Yuen-fai, executive director and deputy general manager of ICBC (Asia), said banks had to increase ...

  7. Business - Banking & Finance - WEALTH MANAGEMENT

    Deutsche Bank bets on Hong Kong for wealth management

    Posted Nov 17th 2014, 05:08am by Enoch Yiu

    ... of market reforms on the mainland have prompted Deutsche Bank to relocate its Asian asset and wealth management head to Hong Kong from Singapore. Ravi Raju, the managing director and regional head of Deutsche Asset & Wealth Management in Asia-Pacific, said the move to Hong Kong was designed to capture opportunities in the mainland and North Asia in general. "China is implementing many ...

  8. Four more lenders lift home-loan rates

    Posted Jun 22nd 2005, 12:00am by Enoch Yiu

    ... general manager Stanley Wong Yuen-fai said that as rates had risen substantially on the interbank market- where banks go for mortgage funds- the across-the-industry mortgage rate rise ...

  9. Lenovo completes purchase of IBM unit

    Posted May 02nd 2005, 12:00am by Enoch Yiu

    ... and world-class service.' Stephen Ward, a former IBM senior vice-president and general manager of IBM's Personal Systems Group, is the new chief executive of Lenovo. Mr Ward said the company ...

  10. Business - Money - REGULATION

    Brokers and fund managers back special listing boards

    Posted Jun 23rd 2014, 03:08am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Brokers and fund managers support proposal that may allow firms with unique structures to float but also raise concern over investor protection Market backing for special listing boards Brokers and fund managers generally support a proposal by a top government advisory body to introduce new listing boards to cater to different companies and investors, ...




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