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  • September 17, 2014
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Results 1 - 10 of 96 for group of thirty

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  1. Business - Banking & Finance - BANKING

    China’s Evergrowing Bank hit by 4b yuan credit product default

    Posted Sep 12th 2014, 02:40pm by Reuters

    ... yuan held by the two parties had gone, the paper said. At the end of last year, the bank's shareholder, an investment company held by Chengdu conglomerate Mind Group, owned 267 million shares in the bank, amounting to a 3.28 per cent stake. The bank has set up special-purpose groups to investigate the risks involved. The Shandong authorities and the provincial government were ...

    http://www.scmp.com/business/banking-finance/article/1590852/chinas-evergrowing-bank-hit-4b-yuan-credit-product-default
  2. Business - Banking & Finance - BANKING

    Top state bank bosses motivated by government prospects

    Posted Sep 10th 2014, 04:05am by DON WEINLAND

    ... universities, US recruitment firm ManpowerGroup found recent graduates often preferred jobs at state banks over international lenders despite lower pay. General positions at foreign banks paid ...

    http://www.scmp.com/business/banking-finance/article/1588905/top-state-bank-bosses-motivated-government-prospects
  3. Business - Banking & Finance - BANKING

    European Central Bank cuts interest rates to record low

    Posted Sep 04th 2014, 11:56pm by Reuters

    ... equity trader at New York-based Williams Capital Group, told Bloomberg. Draghi said that if inflation looked like staying too low for too long, the ECB was committed to using other ...

    http://www.scmp.com/business/banking-finance/article/1585437/european-central-bank-cuts-interest-rates-record-low
  4. Business - Banking & Finance - BANKING

    HSBC blames red tape for 12 per cent drop in profits

    Posted Aug 04th 2014, 04:59pm by DON WEINLAND

    ... red tape hurt its business Banking giant HSBC said yesterday that group profits before tax fell to US$12.3 billion in the first half compared to a year earlier, down 12 per cent and worse than ... for about 40 per cent of revenue in the banking group. HSBC shares trading in London fell 2 per cent after the results were published, but quickly rebounded to to finish 0.91 per cent higher ...

    http://www.scmp.com/business/banking-finance/article/1566246/hsbcs-first-half-results-fall-below-analysts-expectations
  5. Business - Banking & Finance - BANKING

    Bocom in reform push for increased private ownership

    Posted Jul 29th 2014, 01:05am by DON WEINLAND

    ... Group in a deal valued at 227 billion yuan (HK$284 billion). The initial announcement sent Citic Pacific's share price soaring by about 30 per cent. Another government sell-off raises ...

    http://www.scmp.com/business/banking-finance/article/1561438/bocom-reform-push-increased-private-ownership
  6. Business - Banking & Finance - BANKING

    BOC beefs up in push for larger share of debt market

    Posted Jul 17th 2014, 01:22am by BLOOM

    ... when looking for new hires. Barclays said in May it would cut 7,000 jobs at its investment bank, while ABN Amro Group, the Dutch state-owned lender, said last month it would cut about 100 jobs ...

    http://www.scmp.com/business/banking-finance/article/1555493/boc-beefs-push-larger-share-debt-market
  7. Business - Banking & Finance - BANKING

    Espirito Santo problems spook global markets

    Posted Jul 11th 2014, 01:31am by REUTERS. BLOOMBERG

    ... the health of Portugal's top listed bank was questioned, bringing back to markets the spectre of a weakened Europe. Espirito Santo Financial Group, the largest shareholder in Banco Espirito ... that financial difficulties at the Espirito Santo group of companies could have far-reaching implications. Trade in Banco Espirito Santo was halted after a 19 per cent drop. Auditors found material ...

    http://www.scmp.com/business/banking-finance/article/1551523/espirito-santo-problems-spook-global-markets
  8. Business - Banking & Finance - BANKING

    Banks rush to open branches before Shanghai free-trade zone anniversary

    Posted Jul 08th 2014, 01:54am by George Chen

    ... including the first privately owned bank. Sources familiar with the situation told the South China Morning Post that a newly established bank mainly funded by the Juneyao Group and other private investors would be launched in the free-trade zone in the next few months. Juneyao is a major Shanghai-based privately owned industrial group. It has already begun hiring before the launch, said ...

    http://www.scmp.com/business/banking-finance/article/1549229/banks-rush-open-branches-shanghai-free-trade-zone
  9. Business - Banking & Finance - BANKING

    HSBC asset sale to LGT will halve countries served by its private bank

    Posted Jun 25th 2014, 02:37am by Reuters

    ... to Liechtenstein's biggest bank LGT Group Foundation. Wealth management can be an extremely high return business, but a clampdown on tax evasion and tougher compliance rules across banking have put intense ... and needed to be simplified. The streamlining of the private bank is in line with that wider group strategy, HSBC said. The assets sold to LGT represent about 3 per cent of HSBC private banking ...

    http://www.scmp.com/business/banking-finance/article/1539895/hsbc-asset-sale-lgt-will-halve-countries-served-its-private
  10. Business - Banking & Finance - BANKING

    Chinese and Japanese banks lead surge in Australian loans

    Posted Jun 27th 2014, 01:04am by BLOOM

    ... Japanese finance providers, flush with low-cost money from the Bank of Japan's stimulus programme, have helped fund companies including Sydney Airport and Newcastle Coal Infrastructure Group ... banks' interest in Australian corporate loans certainly adds to competition for the Big Four banks in the country," said John Buonaccorsi, an analyst at CIMB Group. Japanese and Chinese ...

    http://www.scmp.com/business/banking-finance/article/1541218/chinese-and-japanese-banks-lead-surge-australian-loans

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