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  • August 21, 2014
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  1. Business - Comment - LAI SEE

    HSBC action to put hunger strikers out of their misery

    Posted Apr 11th 2014, 12:29am by Howard Winn

    ... Howard Winn HSBC has taken legal action against the pan-democrat hunger strikers encamped on the ground floor of its headquarters at 1 Queen's Road Central. It took out a summons ... appears to have atrophied significantly since the days of the pre-Benny Tai Occupy Central movement. That protest lasted about nine months before HSBC felt sufficiently emboldened to go ...

    http://www.scmp.com/business/article/1474467/hsbc-action-put-hunger-strikers-out-their-misery
  2. News - Hong Kong - POLITICS

    Are you ready for Occupy Central? HKMA to check on Hong Kong's banks

    Posted Aug 12th 2014, 11:31pm by Enoch Yiu

    ... institutions, such as HSBC, Bank of China (Hong Kong), Standard Chartered, Bank of East Asia and Hang Seng Bank have their headquarters and thousands of staff in Central. Occupy Central activists plan ...

    http://www.scmp.com/news/hong-kong/article/1572443/are-you-ready-occupy-central-hkma-check-hong-kongs-banks
  3. News - Hong Kong - COURTS

    Businessman Balram Chainrai's ex-secretary faces 11 new counts of theft and fraud

    Posted Aug 16th 2014, 02:57am by CHRIS LAU

    ... separate HSBC accounts. The duo also allegedly dealt with company shares believed to be proceeds of an indictable offence. Magistrate Symon Wong Yu-wing approved the prosecution's request ...

    http://www.scmp.com/news/hong-kong/article/1574406/secretary-accused-stealing-balram-chainrai-faces-11-new-counts-theft
  4. 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
  5. Business - Banking & Finance - MONEY LAUNDERING

    US monitor says HSBC’s anti-money-laundering fixes leave ‘much work to be done’

    Posted Apr 02nd 2014, 03:51pm by Reuters

    ... Reuters HSBC has made some progress in improving its anti-money laundering programme, as required by a 2012 deferred prosecution agreement with the US Justice Department, but there remains ... Cherkasky to monitor HSBC’s compliance with the agreement. Tuesday’s report describes Cherkasky’s conclusions to date. “Based on his initial review and subsequent conversations with the bank, ...

    http://www.scmp.com/business/banking-finance/article/1463131/us-monitor-says-hsbcs-anti-money-laundering-fixes-leave
  6. Business - Commodities - PRECIOUS METALS

    Silver market sets scene for new benchmarking in electronic era

    Posted Aug 15th 2014, 10:33am by Reuters

    ... said "it is currently evaluating the feasibility of becoming an auction member in the near future". HSBC Holdings, Societe Generale, JP Morgan, Bank of America Merrill Lynch, Deutsche ...

    http://www.scmp.com/business/commodities/article/1574143/silver-market-sets-scene-new-benchmarking-electronic-era
  7. Business - Banking & Finance - LABOUR

    HSBC expected to axe up to 5,000 more jobs to save US$1b

    Posted Mar 19th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com HSBC expected to axe more jobs to save US$1b HSBC may announce further job cuts as part of a strategy to reduce costs. The bank will offer an update ... overhaul, the Financial Times reported. Stuart Gulliver, the chief executive of HSBC, said the group would seek a further US$1 billion in annual savings this year. The number of jobs ...

    http://www.scmp.com/business/banking-finance/article/1194127/hsbc-expected-axe-5000-more-jobs-save-us1b
  8. Business - Money - WEALTH BLOG

    Bank help one card short of a full deck

    Posted Apr 08th 2013, 12:00am by Anna Healy Fenton

    ... Anna Healy Fenton anna.fenton@scmp.com Bank help one card short of a full deck It seemed simple. Pop into HSBC on a visit to England - it is the "world's local bank" ... calling cold from a mountain top, but an HSBC branch manager calling the mother ship. Someone in the Hong Kong Premier Telephone Banking Centre answered and hung up, three times. It was clearly ...

    http://www.scmp.com/business/money/wealth/article/1209300/bank-help-one-card-short-full-deck
  9. Business - Banking & Finance - EARNINGS

    Standard Chartered first-half profits plummet 20pc

    Posted Aug 06th 2014, 05:07pm by DON WEINLAND

    ... be higher than in the same period last year. Standard Chartered and HSBC Holdings, which reported a 12 per cent year-on-year decline in profits before tax on Monday, have emphasised the importance ... "The managements [at HSBC and StanChart] are really dependent on something in the environment changing, not something they can change themselves," Antos said. "How discouraging ...

    http://www.scmp.com/business/banking-finance/article/1567684/stanchart-first-half-pre-tax-profits-fall-20pc-line-market

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