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  • April 19, 2014
  • Last updated: 10:36am
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  1. Business - Banking & Finance - BANKING

    China's nervous savers show need for deposit insurance

    Posted Mar 29th 2014, 01:13am by Reuters

    ... Reuters in Singapore Mainland government expected to complete law on protection soon, after recent bank run Nervous savers show need for deposit insurance This week's run on a small ... Lu, a Shanghai-based banking analyst at Shenyin Wanguo Securities, said she expected the two laws to be unveiled later this year. In fact, the bank bankruptcy law has already been drafted, ...

  2. Business - Banking & Finance - BANKING

    Mainland China banks to sell stock to bolster capital

    Posted Apr 02nd 2014, 05:45am by Bloomberg

    ... years," said Edmond Law, an analyst at UOB Kay Hian (Hong Kong). "With the preferred share issuance, the problem will ease. That should minimise the market's concerns and should ...

  3. Business - Banking & Finance - BANKING

    Account problems cloud Hong Kong hub hopes

    Posted Mar 24th 2014, 04:45am by Benjamin Robertson

    ... said Lau Ka-shi, the chairman of the Hong Kong Trustees' Association. Lau said she had written to the government about the problem. Last year, Hong Kong passed a trust law with the goal ...

  4. Business - Banking & Finance - BANKING

    Investors cheer as BEA sets another profit record

    Posted Feb 20th 2014, 01:16am by KANIS LI

    ... opportunities in the overseas market as more Chinese companies expand overseas," UOB Kay Hian analyst Edmond Law wrote in a report. The brokerage raised its share price target to HK$36.50, from ...

  5. News - China Insider - BANKING

    ChinaLeaks: Exposé on Chinese elite’s offshore accounts comes at sensitive time

    Posted Jan 22nd 2014, 07:26am by Patrick Boehler

    ... exchange filings made the obscure dealings of China’s elite more transparent.  The ICIJ's revelations on Wednesday has shed further light into such family fortunes. Deng Jiagui, brother-in-law ...

  6. News - World - BANKING

    Second Swiss bank shuts amid US tax pressure

    Posted Oct 19th 2013, 04:09am by AFP

    ... and as such is ineligible for simplified procedures offered by Washington to settle such accusations. The bank said it had acted cooperatively within the framework of both Swiss and United States law and intended ...

  7. Business - Banking & Finance - BANKING

    China interest-rate reform edges forward with bank prime loan rate

    Posted Oct 26th 2013, 02:56am by Victoria Ruan

    ... law for financial institutions, she said. The Communist Party will hold a key meeting next month to discuss economic and political reform for the next decade. Guo Tianyong, a researcher ...

  8. Business - Banking & Finance - BANKING

    Swiss to let banks give client info to the US

    Posted May 30th 2013, 12:00am by Bloomberg

    ... Bloomberg in Geneva Swiss to let banks give client info to the US Switzerland is proposing a change to its banking laws that will let Swiss banks pass on information about US citizens to the United States tax authorities. The country has been in talks with the US for more than two years to resolve an investigation of at least 14 financial firms that allegedly helped Americans hide ...

  9. Business - Banking & Finance - BANKING

    Star BofA Merrill Lynch analyst sacked after Hong Kong IPO is pulled

    Posted Jun 14th 2013, 12:00am by George Chen

    ... comfortable," one of the sources said. Bank of America Merrill Lynch and Triplex declined to comment when contacted by the Post. By law, investment bank research analysts must provide unbiased views ...

  10. Business - Banking & Finance - BANKING

    US banks report Q1 record earnings of US$40.3b

    Posted May 30th 2013, 02:47pm by AP

    ... to the Federal Reserve Board who heads Boston University’s Center for Finance, Law and Policy. “It’s never been this concentrated.” As big banks push to earn fees from selling products ... Center for Finance, Law and Policy And bank profits from interest charged fell 2.2 per cent to US$104 billion (HK$807.4 billion). The industry’s average interest income as a percentage of loans ...




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