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Results 1 - 10 of 57586 for huaxia bank

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  1. Business - Banking & Finance - BANKING

    Guarantor repays principal on failed Huaxia product

    Posted Jan 23rd 2013, 12:00am by Daniel Ren

    ... sold at a Huaxia Bank branch in Shanghai were repaid by the product's guarantor. Two investors who bought the product said Zhongfa Investment Guarantee recently paid them back ... been speculated that the mainland's banking regulator would force Beijing-based Huaxia Bank to repay investors so as to avert social chaos, since the scandal had tainted the reputation ...

    http://www.scmp.com/business/banking-finance/article/1133906/guarantor-repays-principal-failed-huaxia-product
  2. Stake deal makes Deutsche Bank the biggest shareholder of Huaxia

    Posted Nov 20th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Deutsche Bank has agreed to buy an additional 3.43 per cent stake in Beijing-based Huaxia Bank, becoming the mainland lender's single-largest shareholder. The largest bank in Germany would pay Sal Oppenheim, a German private investment bank, Euro81.64 million (HK$940.5 million) for the 171.2 million shares, boosting its holding in Huaxia to 17.12 per ...

    http://www.scmp.com/article/698906/stake-deal-makes-deutsche-bank-biggest-shareholder-huaxia
  3. Deutsche Bank acquires 9.9pc stake in Huaxia

    Posted Oct 18th 2005, 12:00am by Staff Reporter

    ... Bei Hu Deutsche Bank has sealed a pact to take a 9.9 per cent stake in Huaxia Bank, cementing its maiden acquisition in the mainland's burgeoning commercial banking sector. Deutsche Bank and co-investor Sal Oppenheim would buy a combined 587.2 million shares, or 13.98 per cent, of Huaxia for Euro272 million ($2.53 billion) from 18 of the mainland lender's existing ...

    http://www.scmp.com/node/520955
  4. Business - China Business - BANKING

    Huaxia scandal spotlights China's Ponzi crisis

    Posted Dec 10th 2012, 12:00am by Daniel Ren

    ... at a Shanghai branch of Huaxia Bank. The sorry saga was a rude reminder that Ponzi schemes thrive on the mainland, where millions of residents still believe that banks are the safest havens for their lifelong savings. On Tuesday evening, more than 40 depositors protested against alleged malfeasance by Huaxia Bank at an outlet in Jiading district in Shanghai. They vented their anger at the bank ...

    http://www.scmp.com/business/china-business/article/1101536/huaxia-scandal-spotlights-chinas-ponzi-crisis
  5. MIDDLE EAST

    Arafat’s remains said to be exhumed on Tuesday

    Posted Nov 24th 2012, 08:39pm by Associated Press in Ramallah, West Bank

    ... Associated Press in Ramallah, West Bank The remains of former Palestinian leader Yasser Arafat will be exhumed on Tuesday as part of a renewed investigation into his death, a Palestinian ... tomb in Arafat’s former government headquarters in the West Bank city of Ramallah. The Palestinian Authority, the self-rule government in the West Bank, had hesitated before agreeing to exhume ...

    http://www.scmp.com/article/1090044/arafats-remains-said-be-exhumed-tuesday
  6. Business - Banking & Finance - FINANCING

    Beijing urged to take quick action on shadow banking

    Posted Jan 29th 2013, 12:00am by Ray Chan, George Chen

    ... Huaxia Bank, a medium-sized state-controlled lender, surprised the market with an announcement that a former employee at a branch in Shanghai had sold wealth management products that were ... Ray Chan and George Chen Analysts warn in wake of Huaxia scandal of the threat to country's financial stability from underground lending Beijing urged to take quick action on shadow ...

    http://www.scmp.com/business/banking-finance/article/1138188/beijing-urged-take-quick-action-shadow-banking
  7. Huaxia Bank earnings jump 16pc on bigger loan business

    Posted Aug 17th 2006, 12:00am by Staff Reporter

    ... Lee Yuk-kei Huaxia Bank, a Beijing-based lender partly owned by Deutsche Bank, said first-half profit surged 16 per cent as it earned more interests on higher demand for loans amid ... at Shanghai Securities. 'Over 80 per cent of Chinese banks' revenue comes from lending.' Strong demand for loans also supported earnings of Huaxia's larger rivals including ...

    http://www.scmp.com/article/560588/huaxia-bank-earnings-jump-16pc-bigger-loan-business
  8. Huaxia Bank earnings jump 91pc to 1.9b yuan

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

    ... Natalie Chiu Huaxia Bank, a commercial lender listed on the Shanghai Stock Exchange, says net profit for the first half of this year rose 91 per cent to 1.93 billion yuan (HK$2.19 ... worse as a result.' Huaxia Bank said its non-performing loan ratio at the end of June had fallen to 2.06 per cent from 2.25 per cent. Its capital adequacy ratio, a key measure ...

    http://www.scmp.com/article/648302/huaxia-bank-earnings-jump-91pc-19b-yuan
  9. Huaxia Bank placement to raise 11.56b yuan

    Posted Mar 19th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Huaxia Bank yesterday said it planned to raise 11.56 billion yuan (HK$12.68 billion) from three of its largest existing shareholders through a private placement to boost ... a slide in domestic stock prices. Huaxia planned to sell shares to Deutsche Bank- Germany's largest bank- mainland steelmaker Shougang Group and power grid operator State Grid Corp, the bank ...

    http://www.scmp.com/article/630485/huaxia-bank-placement-raise-1156b-yuan
  10. Huaxia Bank seeks backing for 17b yuan bond sale

    Posted Jul 12th 2006, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing Shanghai-listed Huaxia Bank plans to sell 17 billion yuan worth of bonds to fund expansion and improve its capital adequacy ratio. Huaxia's board had ... of subordinated debt but Huaxia has been relatively late to the game. 'Banks issue subordinated debt which is bought by other banks, which is a way for them to build up their capital adequacy, ...

    http://www.scmp.com/article/556252/huaxia-bank-seeks-backing-17b-yuan-bond-sale

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