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  1. Business - Economy - Chinese economy

    Growth dips in China services sector, HSBC PMI shows

    Posted May 07th 2014, 10:29am by Reuters

    ... to a seven-month low, a private survey showed yesterday, adding to an increasingly cloudy outlook for the world's second-largest economy. The Markit/HSBC services purchasing managers' index ... a relatively resilient part of the economy, but it is not expanding at a fast enough pace to offset the manufacturing slowdown", said Qu Hongbin, the chief economist for China at HSBC. "We ...

    http://www.scmp.com/business/economy/article/1506460/growth-dips-china-services-sector-hsbc-pmi-shows
  2. Business - Economy - MANUFACTURING

    China factory sector still losing momentum, HSBC PMI shows

    Posted May 05th 2014, 10:01am by Reuters

    ... Reuters in Beijing HSBC/Markit private survey says the segment contracted for the fourth straight month in April Mainland factory sector still losing momentum: PMI Activity ... The final reading of the HSBC/Markit purchasing managers' index came in at 48.1, lower than a preliminary reading of 48.3 but up slightly from an eight-month low of 48 in March. The figure has ...

    http://www.scmp.com/business/economy/article/1504841/china-factory-sector-still-losing-momentum-hsbc-pmi-shows
  3. Business - Banking & Finance - LAWSUITS

    US court fines HSBC US$2.46 billion over Household International case

    Posted Oct 19th 2013, 03:12am by KANIS LI AND REUTERS

    ... Kanis Li and Reuters kanis.li@scmp.com The bank plans to appeal the verdict that its former unit violated federal securities laws Court hits HSBC with US$2.46b Household fine HSBC has been ... laundering last year. HSBC had made a US$1.7 billion provision related to legal proceedings and regulatory matters in its first-half results. “HSBC has already made some provision on the case ...

    http://www.scmp.com/business/banking-finance/article/1334931/us-court-fines-hsbc-us246-billion-over-household
  4. News - Hong Kong

    HSBC to make life easier for customers withdrawing cash abroad

    Posted Oct 07th 2013, 10:09pm by Howard Winn

    ... Howard Winn howard.winn@scmp.com The wait is over for HSBC’s long suffering customers who have been unable to withdraw cash in many countries, particularly outside Asia, using their ATM cards. HSBC will announce on Tuesday that customers can start applying for a new ATM card that uses the Plus payment network, which can be used in addition to the bank’s current ATM cards ...

    http://www.scmp.com/news/hong-kong/article/1326680/hsbc-make-life-easier-customers-withdrawing-cash-abroad
  5. Comment - Letters

    What's being said on facebook.com/southchinamorningpost

    Posted Jun 25th 2014, 05:05am by LETTERS

    ... of the small group of elitists and big business that they installed in all branches of government.   On HSBC customer who had to make a 16,000km round trip to access his cash: Jeremy Walker- Many problems withdrawing cash overseas because ATM says I have exceeded my daily limit, which I knew nothing about. Craig Chan- HSBC has the worst customer service, best decision is to leave HSBC ...

    http://www.scmp.com/comment/letters/article/1539877/whats-being-said-facebookcomsouthchinamorningpost
  6. Sport - Rugby

    HSBC pulls sponsorship from Asian Five Nations and Asian Sevens Series

    Posted Apr 27th 2014, 01:00am by Alvin Sallay

    ... Alvin Sallay alvin.sallay@scmp.com Blow to Asia as HSBC pulls out of key events HSBC has pulled its title sponsorship from Asia's pre-eminent rugby competitions – the Asian Five Nations and Asian Sevens Series – forcing the Asian Rugby Football Union (ARFU) to downsize the top-flight A5N division from next year.   ARFU president Trevor Gregory admits that HSBC ...

    http://www.scmp.com/sport/rugby/article/1497965/hsbc-pulls-sponsorship-asian-five-nations-and-asian-sevens-series
  7. Comment - Blogs

    HSBC strikes again as overseas withdrawal problems continue

    Posted Sep 08th 2013, 09:38am by Anna Healy Fenton

    ... from an HSBC ATM machine in Taunton in England. That led to the discovery of two things which have driven HSBC customers nuts this summer: firstly, that the bank had reset everyone’s overseas ... The other thing HSBC did was to ditch Plus and Cirrus in favour of the cheaper mainland China clearing house UnionPay, which operates chiefly in China. And despite the bank’s protestations ...

    http://www.scmp.com/comment/blogs/article/1306100/hsbc-strikes-again-overseas-withdrawal-problems-continue
  8. Business - Banking & Finance - CURRENCIES

    Australia plays catch-up in yuan business as deal with China nears

    Posted Jul 25th 2014, 01:35am by Reuters

    ... with China is invoiced in the yuan. A survey by HSBC, which interviewed more than 1,300 international companies in April and May, revealed that 9 per cent of the Australian companies trade ... by failing to recognise the potential business development opportunities linked to RMB," said James Hogan, head of commercial banking for HSBC in Australia. The potential is huge, though, ...

    http://www.scmp.com/business/banking-finance/article/1558526/australia-plays-catch-yuan-business-deal-china-nears
  9. Banking and finance jobs in Hong Kong

    Posted Jul 18th 2014, 12:43pm

    ... HSBC, Chong Hing Bank, Citibank, BOC and Sun Hung Kai Financial. Many in the banking and finance industry consider it a privilege and honour to start their careers in these highly reputable ... for an internship programme from top companies such as HSBC, JP Morgan, Standard Chartered or any other globally recognised company. While embracing the chance to experience the corporate environment, you ...

    http://www.scmp.com/article/1555626/banking-and-finance-jobs-hong-kong
  10. Business - Comment - JAKE'S VIEW

    HSBC of today lacking in vision that had helped it grow

    Posted Aug 08th 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp jake.vanderkamp@scmp.com The banking giant is searching for ways to achieve earnings per share growth, but using the lean and mean strategy may be difficult HSBC of today ... is unchanged and our priorities are clear." Stuart Gulliver HSBC group chief executive SCMP, August 6 Back in the days when I worked as an investment analyst, this was the sort of statement ...

    http://www.scmp.com/business/article/1295158/hsbc-today-lacking-vision-had-helped-it-grow

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