• Monday
  • November 24, 2014
  • Last updated: 8:32pm
Hong Kong




Search Results

Results 1 - 10 of 106 for hsbc

Related topics matching your search

Search results

  1. Next HSBC chief may not be HK-based

    Posted Sep 25th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu The reshuffle expected at the top of HSBC Holdings may make the return of its chief executive to Hong Kong short-lived. The current holder of the post, Michael Geoghegan, relocated from London with much fanfare in February. But he is widely reported to have resigned, and his expected replacement is Stuart Gulliver, the London-based head of HSBC's global banking ...

  2. No respite seen for HSBC as StanChart marches on

    Posted Mar 09th 2009, 12:00am by Staff Reporter

    ... Maria Chan Shares of HSBC Holdings and Standard Chartered took off in different directions last week after the London-based lenders reported their results for last year. HSBC posted a worse than expected 70 per cent drop in net profit, while its rival unveiled an enviable 17 per cent jump in earnings. Analysts are still bearish about HSBC's earnings outlook this year ...

  3. HSBC's top six get GBP38m pay bonanza

    Posted Mar 02nd 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick HSBC has awarded its six top directors a GBP38 million (HK$444.42 million) pay and bonus bonanza, while reporting disappointing annual profits, cutting its dividend ... time. In an interview with the South China Morning Post, chief executive Michael Geoghegan admitted HSBC's troubles in North America- where the bank has swallowed US$40 billion worth of bad ...

  4. Upgrades and listing talk spark rally in HSBC

    Posted May 13th 2009, 12:00am by Staff Reporter

    ... Maria Chan Shares of HSBC Holdings rose as much as 3.03 per cent yesterday after analysts raised their target price and the market speculated that it could be the first foreign bank ... billion) of 15-year bonds, a source told Bloomberg. The notes will be priced to yield 215 basis points more than similar-maturity British government debt. HSBC is managing the sale. Goldman Sachs, ...

  5. HSBC rights issue sees 96.6pc take-up

    Posted Apr 06th 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun HSBC has drawn 96.6 per cent subscription orders from its 210,000 shareholders across the world on its US$17.7 billion rights issue in the largest single fund-raising exercise in Hong Kong and Britain. 'I would like to thank shareholders for their support in this successful rights issue... we remain confident that HSBC is well placed in today's environment ...

  6. HSBC in good position to face tough year

    Posted May 12th 2009, 12:00am by Staff Reporter

    ... Maria Chan and Natalie Chiu HSBC Holdings predicted yesterday a 'tough' year ahead, even as it reported that pre-tax profit for the first quarter was 'significantly higher' than in the fourth quarter of last year. HSBC said its first-quarter pre-tax profit was boosted by fair-value gains of US$6.6 billion on its own debt, but bad-loan provisions at its United ...

  7. Early flickers of hope for HSBC faithful

    Posted Mar 12th 2009, 12:00am by Naomi Rovnick

    ... Naomi Rovnick It is hard to question the loyalty of Hong Kong investors to HSBC Holdings. When the stock fell to a 23-year low of HK$33 on Monday, television newsreader Agnes Wu Mang-ching burst into tears during her broadcast at the thought of the bank's US$17.7 billion fund-raising failing. But while HSBC's spiritual home is Hong Kong, investors here own less than 20 ...

  8. HSBC rebuked for not issuing profit warning

    Posted Mar 05th 2009, 12:00am by Enoch Yiu, Nick Westra

    ... Nick Westra, Albert Wong, Enoch Yiu and Neil Gough Shares in HSBC Holdings encountered fierce selling pressure yesterday and came under fresh fire as the Democratic Party scolded ... and Clearing to investigate why HSBC did not provide investors with any forewarning before reporting its results on Monday. Mr Ho said he would file a complaint with the Securities and Futures ...

  9. HSBC tumbles 6.2pc as fears of capital raising trigger sell-off

    Posted Dec 20th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Shares in HSBC Holdings fell as much as 7.54 per cent yesterday to a fresh three-week low, helping drag the Hang Seng Index 2.39 per cent lower, amid growing concerns the bank may need to raise capital. Credit rating agency Standard & Poor's yesterday cut its outlook for HSBC to 'negative' from 'stable', saying the lender's asset ...

  10. Analysts see headwinds for HSBC amid bad US loans, slowing Asia

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

    ... Maria Chan Profits for HSBC Holdings are likely to fall further this year, dragged down by higher reserves for problem loans at its United States consumer finance unit and slower growth in Asia and emerging markets, analysts say. The London-based lender will release its interim management statement and the third-quarter results of its HSBC Finance unit on Monday. Goldman Sachs ...




SCMP.com Account