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  • November 24, 2014
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  1. Business - Comment - LAI SEE

    HSBC distances itself from David Eldon's blog

    Posted Oct 15th 2014, 05:11am by Howard Winn

    ... of an altogether more popular person in the shape of Carrie Lam." Eldon returned to banking in 2011 and currently holds the positions of non-executive chairman of HSBC Bank Middle East, HSBC Bank Oman SAOG, and is chairman of HSBC's Global Commercial Bank Risk Committee. It is for this reason no doubt that HSBC somewhat belatedly on Monday issued a press statement: "HSBC notes ...

  2. Business - Comment - LAI SEE

    It's not always about the money in the corporate world

    Posted Nov 08th 2014, 05:06am by Howard Winn

    ... It's a funny old world.   HSBC birthday blues Lai See has written before about silly marketing by large companies such as Cathay Pacific. A reader writes of her annoyance with HSBC MPF and its marketing antics. The aggrieved reader says: "I do not know who comes up with these pathetic ideas, but I have just had someone from HSBC MPF on the phone telling me that in appreciation of my ...

  3. Business - Comment - LAI SEE

    Laura Cha joins CY Leung school of political analysis

    Posted Nov 01st 2014, 04:54am by Howard Winn

    ... and issue a statement saying she regretted the remarks. HSBC must be feeling some aggravation, not to say embarrassment, as she has been widely referred to as a "HSBC board director". More specifically, she is non-executive deputy chairman of Hongkong and Shanghai Banking Corp, the Asia-Pacific subsidiary of HSBC Holdings, of which she is also a non-executive director. Recently, David ...

  4. Business - Comment - LAI SEE

    CY says the poor can't vote as we need to protect the rich

    Posted Oct 22nd 2014, 05:21am by Howard Winn

    ... for organising our affairs in this way.   A matter of perspective Someone has cleverly taken an old HSBC advertising campaign and adapted it to the umbrella movement. It is a mock-up of the bank's advertising campaign "Point of View" which was introduced in 2009 and shown at airports around the world. The original HSBC ads featured a number of images on which a single word ...

  5. Business - Comment - LAI SEE

    Deputy magistrates unhappy with appointment process

    Posted Nov 05th 2014, 06:27am by Howard Winn

    ... of this titanic struggle will naturally keep us on tenterhooks for the rest of the year. Meanwhile, it's well done to HSBC in being named RMB House of the Year for the third year at the Asia Risk Awards, as well as House of the Year in Hong Kong for the second year running and Interest Rate Derivatives House of the Year for Asia (ex Japan) for the first time. Now all HSBC needs to do ...

  6. Business - Comment - LAI SEE

    Leung needs wow factor to defuse umbrella movement

    Posted Oct 17th 2014, 05:29am by Howard Winn

    ... demands for universal suffrage. He needs to think big and come up with something that will wow people. But we are not holding our breath.   Old habits A reader has pointed out that although HSBC Holdings and Hang Seng Bank announced their dividends at the same time, HSBC paid its shareholders a month later than Hang Seng. Another way of hanging on to your money longer than necessary ...

  7. Business - Comment - LAI SEE

    HSBC action to put hunger strikers out of their misery

    Posted Apr 11th 2014, 12:29am by Howard Winn

    ... Howard Winn HSBC has taken legal action against the pan-democrat hunger strikers encamped on the ground floor of its headquarters at 1 Queen's Road Central. It took out a summons ... appears to have atrophied significantly since the days of the pre-Benny Tai Occupy Central movement. That protest lasted about nine months before HSBC felt sufficiently emboldened to go ...

  8. Business - Comment - LAI SEE

    HSBC's MPF fund is great for HSBC

    Posted Sep 01st 2012, 02:36am by Howard Winn

    ... over the same period. A reader has complained to us after scrutinising his HSBC North American Equity Fund. This MPF fund provides exposure to US equity markets at a cost of 2 per cent a year, which is not cheap given that the SPY US index tracker charges 0.19 per cent a year. The largest component of this fund is the HSBC Index tracker- American Index fund (14.6 per cent ...

  9. Business - Comment - LAI SEE

    Will CY Leung give keynote speech at the London Dinner next week?

    Posted Oct 24th 2014, 04:19am by Howard Winn

    ... they are. Last year's guest list included the heads of HSBC, John Swire & Sons; Jardine Matheson; Victor Chu, chairman and chief executive, First Eastern Investment Group; and Lydia Dunn, ...

  10. Business - Comment - LAI SEE

    HSBC finally gives customers new ATM card after UnionPay debacle

    Posted Oct 08th 2013, 12:00am by Howard Winn

    ... Howard Winn The wait is over for HSBC's long-suffering customers who have been unable to withdraw cash in many countries, particularly outside Asia. We understand the bank will today ... system. The arrival of the new card, will, hopefully, bring to an end what has been a hugely embarrassing saga for HSBC. Lai See received numerous complaints from HSBC customers who, on arriving ...




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