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  1. News - Hong Kong - CONSUMER AFFAIRS

    HSBC customer forced to make 16,000-kilometre trip to access account after bank blunder

    Posted Jun 22nd 2014, 04:30am by DANNY LEE

    ... with the 'world's local bank' he thought HSBC would be able to cater for all his financial needs, wherever in the world he went. Little did he know that due to a breakdown in communication over his ... on plane over flight cancellation To get one, the 55-year-old learnt that he would have to travel to an HSBC branch and change his address in person. This involved a 10-hour round trip to Sydney, ...

    http://www.scmp.com/news/hong-kong/article/1538011/hsbc-customer-forced-make-return-trip-australia-access-his-account
  2. Business - Banking & Finance - BANKING

    HSBC boosts oversight on metals financing in wake of Qingdao probe

    Posted Jun 16th 2014, 03:07am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Lenders monitoring fallout from Qingdao Port scandal, which has already hit copper prices, with signs it may be spreading to other metals HSBC takes close look at metals financing HSBC, the city's largest bank, which has been aggressively expanding on the mainland, is carefully examining all commodities financing transactions following reports ...

    http://www.scmp.com/business/banking-finance/article/1533603/hsbc-boosts-oversight-metals-financing-wake-qingdao-probe
  3. Business - Banking & Finance - EARNINGS

    HSBC expects to increase dividend

    Posted May 20th 2014, 12:56am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com HSBC expects to increase dividend HSBC Holdings says it will pay a higher dividend this year, allaying shareholders' concerns that its payout will remain ... or higher than the previous year, based on what we know today," chief executive Stuart Gulliver told shareholders at an informal meeting in Hong Kong yesterday. HSBC has been a consistent ...

    http://www.scmp.com/business/banking-finance/article/1515846/hsbc-expects-increase-dividend
  4. Business - Banking & Finance

    HSBC private bank bets on new hedge funds in Asia

    Posted May 15th 2014, 01:43am by BLOOM

    ... Bloomberg Lender with US$25bto invest sees potential in the region'searly-stage managers HSBC unit bets on new hedge funds in Asia HSBC Holdings private bank unit, which invests US$25 ... in an HSBC programme that provided capital to smaller hedge funds were based in Asia, Lee said. It has made early-stage investments in regional managers such as Hong Kong-based Zeal Asset Management, ...

    http://www.scmp.com/business/banking-finance/article/1512312/hsbc-private-bank-bets-new-hedge-funds-asia
  5. Business - Banking & Finance - EARNINGS

    Tough road ahead for HSBC as first quarter 2014 profits down 20pc

    Posted May 08th 2014, 01:15am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Investment banking slowdown and accounting change to weigh on results Tough road ahead for HSBC Earnings at HSBC are set to remain under pressure for at least ... for the drag on growth during a conference call after HSBC revealed a 20 per cent year-on-year fall in profit for the first quarter. Pre-tax profit was US$6.79 billion, in line with the US$6.75 billion ...

    http://www.scmp.com/business/banking-finance/article/1506941/tough-road-ahead-hsbc-first-quarter-2014-profits-down-20pc
  6. Business - Banking & Finance - STRATEGY

    HSBC retail revamp key to end drag of redress on profits

    Posted Apr 07th 2014, 04:38am by NICK EDWARDS

    ... revamp at HSBC to drive profit growth Redress is a word that comes up a lot in an interview with John Flint, the first he has given since taking over as HSBC's global head of retail banking ... it is finished," he said in his office at HSBC's iconic Hong Kong headquarters last week. While "this" is broadly about compensation HSBC has been ordered to pay for past misdeeds, ...

    http://www.scmp.com/business/banking-finance/article/1466623/hsbc-retail-revamp-key-end-drag-redress-profits
  7. Business - Banking & Finance - EARNINGS

    HSBC and StanChart pin growth hopes on rate rises

    Posted Aug 11th 2014, 03:56am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com HSBC and StanChart pin growth hopes on rate rises Sit tight, investors. That seems to be the message from Standard Chartered and HSBC Holdings after the two banks posted disappointing, albeit widely anticipated, declines in profits last week. HSBC reported a 12 per cent drop in profits before tax in the first half to US$12.3 billion. Standard ...

    http://www.scmp.com/business/banking-finance/article/1570896/hsbc-and-stanchart-pin-growth-hopes-rate-rises
  8. News - Hong Kong - MEDIA

    HSBC apologises after guards block photographer Jacky Poon's path

    Posted Mar 30th 2014, 05:14am by Ada Lee

    ... Ada Lee ada.lee@scmp.com HSBC sorry journalist's path was blocked HSBC has been blasted by the Press Photographers Association after a local journalist was allegedly manhandled ... Kin-ming. The Press Photographers Association said it "regrets and is outraged by the HSBC's unreasonable move to send the journalist away and deprive him of his rights to use the passage ...

    http://www.scmp.com/news/hong-kong/article/1460566/hsbc-apologises-after-guards-block-photographer-jacky-poons-path
  9. Business - Economy - ECONOMY

    Property market cool-down drives HSBC China services PMI to lowest level ever

    Posted Aug 05th 2014, 10:09am by Reuters

    ... Reuters in Beijing Mainland services PMI from HSBC/Markit falls to near 9-year low last month, reflecting strains in key sector and keeping spotlight on stimulus Property downturn puts ... purchasing managers index compiled by HSBC/Markit fell to 50 from a 15-month high of 53.1 in June. The latest reading is the lowest since November 2005, when data collection began. The survey ...

    http://www.scmp.com/business/economy/article/1566785/property-market-cool-down-drives-hsbc-china-services-pmi-lowest
  10. Business - Economy

    HSBC Hong Kong PMI rises as mainland orders increase

    Posted Aug 05th 2014, 11:52am by Reuters

    ... Reuters in Hong Kong The HSBC purchasing managers index (PMI) for Hong Kong rose to 50.4 in July from 50.1 in June. It indicates a marginal improvement in operating conditions ... not yet back to normal John Zhu, HSBC However, new business from mainland China expanded for the first time since March. Employment contracted marginally, and the rate of job shedding ...

    http://www.scmp.com/business/economy/article/1566837/hsbc-hong-kong-pmi-rises-mainland-orders-increase

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