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  1. HSBC bullish on China business

    Posted Jul 31st 2012, 12:00am

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com HSBC, Europe's biggest bank by assets, says it remains 'confident' about its growth in China as the outlook in Europe ... including Hong Kong and mainland China would drive its revenue growth. HSBC remained 'confident of a 'soft landing' in China', where growth was likely to reach or exceed 8 per ...

  2. Worst is 'almost over for HSBC in HK'

    Posted Feb 28th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com HSBC says the worst is nearly over for the bank's operations in Hong Kong, as its restructuring plans in the city are to be wrapped up by the end ... while HSBC was cutting staff in Hong Kong, it was also hiring here. The net effect was that the head count in the city dropped by around 180. HSBC is one of the city's largest employers, ...

  3. China the key to HSBC's success

    Posted Mar 09th 2012, 12:00am

    ... HSBC says the worst is nearly over for the restructuring of its operations in Hong Kong. Generally that is true for the bank as a whole. Most of its woes from the financial crisis stemmed from the US$15.5 billion purchase of a US subprime retail mortgage lender responsible for accumulated losses of US$50 billion. HSBC has been running this business down to the extent ...

  4. How HSBC and BOC may have built-in good fortune

    Posted Nov 19th 2011, 12:00am

    ... according to fung shui principles. There are numerous examples. One such is the iconic HSBC Main Building in Central, designed by Norman Foster and completed in 1985. One side of the building faces ... points will herald different fortunes for the bank. Also noteworthy is that the overall structure of the HSBC Main Building resembles four money boxes that are stacked on top of one another, ...

  5. HSBC cost-cutting plan might affect Asian operations

    Posted May 14th 2011, 12:00am

    ... Enoch Yiu in London HSBC's largest cost-slashing plan yet will squeeze its operations in the United States, Europe and Latin America hard, but Asia and the Middle East may ... Tang, executive director of Sun Hung Kai Financial, said HSBC's plan was not just about saving money but was also part of an overall business restructuring. 'If the cost-cutting plan ...

  6. HSBC economist says home prices could rise 15pc next year

    Posted Oct 26th 2010, 12:00am by Charlotte So

    ... Charlotte So HSBC predicts Hong Kong property prices will rise 10 to 15 per cent next year, driven by low interest rates and the spillover effect from excess liquidity on the mainland. ... Interest rates are expected to remain at record lows until the second half of 2012, which will result in more mainland capital flowing into Hong Kong's property market, HSBC economist Donna ...

  7. Business - Banking & Finance - COMMENT

    Acquisitions no easy way for Singaporean banks to win in Hong Kong, mainland China

    Posted Apr 07th 2014, 04:38am by George Chen

    ... in Hong Kong through its marketing and branding efforts. But its business still lags behind those of Bank of China (Hong Kong), HSBC, Standard Chartered, Hang Seng Bank (a subsidiary of HSBC) and Bank of East Asia. BOCHK, HSBC and Standard Chartered are also the city's three note-issuing banks, with vast automated teller machine and branch networks across the city that DBS or OCBC- ...

  8. HSBC admits data loss

    Posted May 08th 2008, 12:00am by Staff Reporter

    ... Staff Reporters HSBC confirmed yesterday that a computer server containing data on 159,000 accounts had disappeared from one of its branches last month, but it insisted the risk of any ... on April 26 saying a computer server had been stolen. The HKMA said it had been notified by HSBC and was waiting for an investigation report from the bank. 'We are following up on remedial ...

  9. HSBC move on climate change

    Posted Nov 13th 2007, 12:00am by Staff Reporter

    ... products. Observatory director Lam Chiu-ying has been invited to write a column on climate change and people can share views and discuss issues on the website. HSBC deputy chairwoman Laura Cha Shih May-lung said climate change was 'everybody's business'. 'It is in the best interest of HSBC to care for the environmental well-being of Hong Kong and of the planet,' she ...

  10. HKMA Award For Excellence in Training 2006

    Posted Jun 23rd 2006, 12:00am by Staff Reporter

    ... Individual Winners Distinguished Trainer Awards Sara Ho The Hong Kong Jockey Club Doris Ip Aberdeen Marina Holdings Jessie Lau HSBC Carrie Wong HSBC Michelle Yam Shangri-La Hotels & Resorts Outstanding New Trainer Awards Iris Chow HSBC Angela Tsui CLP Power Hong Kong Joyce Wai HSBC ...




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