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  • October 21, 2014
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  1. HSBC drawn into US tax hunt in India

    Posted Apr 09th 2011, 12:00am

    ... Naomi Rovnick The United States government has taken steps towards investigating HSBC for potentially enabling tax evasion. The Department of Justice has demanded the bank reveal names of potentially thousands of American clients who allegedly opened secret accounts with the bank in India to evade taxes. The department has accused HSBC staff of telling US clients of Indian origin ...

  2. A taste of India

    Posted Dec 10th 2004, 12:00am by Flora Wu

    ... Edited by Flora Wu Hong Kong's movers and shakers turned out in force on Saturday for the Gateway to India ball, hosted by the Indian community to raise funds for the Community Chest ... a different part of India), and a fashion show featuring the creations of Bollywood designer Manav Gangwani, who recently completed the wedding trousseau for actress Raveena Tandon. Organisers also ...

  3. Whats on

    Posted Mar 24th 2007, 12:00am by Staff Reporter

    ... March 26 'India: A Challenging Market with Enormous Potential' is a seminar organised by the Hong Kong Trade Development Council, which will update participants with India's latest market developments and emerging business opportunities Speakers Sripriya Ranganathan, consul (commercial), consulate general of India; Subir Mehra, head of commercial banking, HSBC, ...

  4. Indian bank to open two more branches in China

    Posted Mar 07th 2012, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com State Bank of India (SBI) is moving ahead of its domestic rivals, with plans to open two more branches on the mainland, aiming to further profit from booming Sino-Indian trade, which is expected to top US$100 billion in three years. Chairman Pratip Chaudhuri said yesterday that the largest bank in India was giving the China market ...

  5. 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

    ... but I expect it is likely to make further, subject to appeal [results],” said Keefe Bruyette & Woods analyst Mark Phin. The group is trying hard to control costs, including exiting India’s retail ...

  6. Business - Comment - LAI SEE

    When is the right time for HSBC to sell Ping An stake?

    Posted Nov 20th 2012, 12:00am by Howard Winn

    ... University, speak. He declared that China's economic growth would decelerate and compared it unfavourably with India, which has all the elements of a democracy. It also has a free press, ... prize-winning economist Amartya Sen, writing last year in The Hindu, pointed out that real living standards in India were way below China's. Data from international organisations, he wrote, show ...

  7. Business - Banking & Finance - BANKING

    HSBC pledges tax haven cutback at annual meeting

    Posted May 25th 2013, 12:00am by KANIS LI

    ... in its operations in India, France and Germany, Flint said the bank had put more resources into improving its standards globally. He declined to comment on specific regions. Shareholders used ...

  8. Morning Clicks, August 28

    Posted Aug 28th 2012, 10:24am by John Kennedy

    ... more than 400% in last year   Seeking Alpha-- Caterpillar: A Bump In The Road In China Slate-- What Would China Build If It Builds Less Housing? The Hindu--  India, China to set up joint working group U.S.News & World Report-- High School Grads in China, India Are Better Prepared for College Media Roundup Caijing-- Why Are Governments Paralyzed?-- Japanese Government Offers ...

  9. AXA aims to double insurance premiums

    Posted Jul 16th 2007, 12:00am by Andy Chen

    ... Andy Cheng AXA, Europe's second-biggest insurer, said it was aiming to double annual insurance premiums in the mainland within three years to about Euro200 million (HK$2.16 billion) as it expands distribution channels there. Chairman and chief execut ...

  10. Business - Comment - LAI SEE

    HSBC suffers the Taibbi treatment in Rolling Stone

    Posted Mar 02nd 2013, 12:00am by Howard Winn

    ... newcomer - who at 38 is the youngest on the list: Sabrina Chao Sih-ming, chairwoman of Wah Kwong Maritime Transport. The biggest group of women came from the mainland (16), Hong Kong (8), India ...




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