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  • September 16, 2014
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  1. Business - Banking & Finance - DEALS

    D-day for HSBC's sale of stake in Ping An

    Posted Feb 01st 2013, 12:00am by Ray Chan

    ... for HSBC's Ping An sale arrives As the regulatory deadline falls today on HSBC's sale of its stake in Ping An Insurance, the mainland's No 2 life insurer, the market waits to see ... Sharnie Wong, a banking analyst at Barclays, said HSBC's stake in Ping An had been reclassified from an associate holding to an available-for-sale investment, and the statutory and regulatory ...

  2. HSBC mortgage deal helps sale in HK of Tokyo flats

    Posted Feb 23rd 2011, 12:00am by Peggy Sito

    ... HSBC and Mitsui Fudosan helped non-Japanese to buy property in Japan, he said. Under the arrangement, HSBC would offer mortgages for non-Japan residents living in the Asia-Pacific region, ...

  3. HSBC wins Sha Tin site with bid of HK$816m

    Posted Oct 21st 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu HSBC Holdings made a rare foray into the property market yesterday, winning a commercial site in Sha Tin's industrial district in a government tender. The bank plans ... for the site in On Yiu Street with an offer of HK$816 million, or HK$1,777 per square foot. Currently, the company owns a data centre and office at HSBC Centre at Olympic MTR Station and a data centre ...

  4. HSBC says credit quality is on the rise

    Posted Nov 06th 2010, 12:00am by Lulu Chen

    ... Lulu Chen HSBC said at a third-quarter business briefing yesterday that credit quality has recovered to pre-financial crisis levels, as loan impairment charges for the quarter reached ... of some bumps in the road ahead,' said HSBC chief executive Michael Geoghegan, who is stepping down at the end of the year. His replacement, Stuart Gulliver, HSBC's head of investment ...

  5. Green's departure means HSBC can finally enter the 21st century

    Posted Sep 08th 2010, 12:00am by Tom Holland

    ... with Tom Holland The departure of HSBC Holdings chairman Stephen Green to a job with the British government offers the banking giant a perfect opportunity to drag its antiquated governance ... on both sides of the Atlantic, these days Cadbury's recommendations are widely accepted around the world as best practice. But change has been slow to penetrate HSBC's boardroom. ...

  6. London's still calling the shots at HSBC

    Posted Sep 28th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu When HSBC Holdings chief executive Michael Geoghegan moved his office to Hong Kong in January, one of the first things he did was ask for a cup of Chinese tea. Now it looks ... of the priority list, and that the bank's eye was more on the evening TV news in the British capital. In its statement, HSBC said 'initial discussions concerning Douglas Flint's appointment ...

  7. HSBC exec cheers for bancassurance

    Posted Jun 28th 2010, 12:00am by Enoch Yiu

    ... led to a life-long romance. Fried, the global insurance head of HSBC Holdings, bumped into his old high school friend, Julie, at London's Heathrow Airport while a young insurance ... for the HSBC insurance as we have so many of them. 'I do believe in what we offer. We all need to do financial planning and asset allocation to make sure we can protect our family and provide ...

  8. HSBC gets offer for Fifth Avenue tower

    Posted Jun 23rd 2009, 12:00am by Staff Reporter

    ... Natalie Chiu HSBC Holdings has received an offer from United States real estate developer Ziel Feldman to buy and lease back its landmark office building in New York, according ... Exchange statement yesterday. It is the first international buyer to publicly express an interest for one of HSBC's three major office buildings in New York, Paris and London at a time when ...

  9. HSBC's US unit turns in first profit in 3 years

    Posted May 08th 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick HSBC signalled yesterday it might finally be digging out of its ill-advised foray into American subprime lending, saying its US business made its first quarterly profit in almost three years. But the bank's chief executive, Michael Geoghegan, said it was 'too early to declare victory' in HSBC's struggle against toxic debts stemming from its 2003 ...

  10. HSBC brings home positive message for Hong Kong

    Posted Oct 06th 2009, 12:00am by Frank Ching

    ... Frank Ching The Hong Kong government is really pleased that HSBC is relocating its group chief executive, Michael Geoghegan, back here 16 years after moving the bank's headquarters ... been originally established in 1865 in Hong Kong and Shanghai, the Hongkong and Shanghai Banking Corporation created HSBC Holdings in 1990, seven years before the handover, and, in 1993, ...




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