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  • September 23, 2014
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Results 1 - 10 of 44 for life insurance

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  1. Business - Banking & Finance - BANKING

    Citibank upbeat on insurance fee income growth

    Posted May 06th 2013, 12:00am by KANIS LI

    ... "Customers will be more protected under the new rules," she said. The sale of traditional life insurance products recorded a double-digit growth rate in the first quarter from the previous year, Cheung said. Citi began distributing a new yuan-denominated life insurance product called MetLife Gorgeous Dragon RMB Universal Life Plan, underwritten by MetLife, last week. Customers who buy ...

    http://www.scmp.com/business/banking-finance/article/1230964/citibank-upbeat-insurance-fee-income-growth
  2. Business - Banking & Finance - BANKING

    Top state bank bosses motivated by government prospects

    Posted Sep 10th 2014, 04:05am by DON WEINLAND

    ... an average of three times more than state banks, according to Manpower's regional director Lancy Chui. Better work-life balance, job security and easier cultural and linguistic integration were ...

    http://www.scmp.com/business/banking-finance/article/1588905/top-state-bank-bosses-motivated-government-prospects
  3. Business - Banking & Finance - BANKING

    Programme eyes new solutions in Asia-Pacific banking from start-ups

    Posted Sep 01st 2014, 04:21am by BIEN PEREZ

    ... will present their concepts to potential investors and financial industry executives. "The increasing role of technology in financial services, particularly in insurance, is driving the kind ...

    http://www.scmp.com/business/banking-finance/article/1582413/programme-eyes-new-solutions-asia-pacific-banking-start-ups
  4. Business - Banking & Finance - BANKING

    HSBC blames red tape for 12 per cent drop in profits

    Posted Aug 04th 2014, 04:59pm by DON WEINLAND

    ... years, particularly over its sales of payment-protection insurance in Britain. Redress remains a significant drag on profit growth in the retail and wealth management business, which accounts ...

    http://www.scmp.com/business/banking-finance/article/1566246/hsbcs-first-half-results-fall-below-analysts-expectations
  5. Business - Banking & Finance - BANKING

    Citigroup to pay US$7b in settlement on US subprime mortgage fiasco

    Posted Jul 15th 2014, 01:36am by AP

    ... and the Federal Deposit Insurance Corporation (FDIC). The bank will provide US$2.5 billion in consumer relief, which will include financing for affordable housing. "The comprehensive settlement ...

    http://www.scmp.com/business/banking-finance/article/1554353/citigroup-pay-us7b-settlement-us-subprime-mortgage-fiasco
  6. 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 ... The panic soon spread to other branches in the area, which by Wednesday were exhibiting stacks of cash to try to calm depositors. "It is logical that the Chinese government wants to insure bank ...

    http://www.scmp.com/business/banking-finance/article/1459895/chinas-nervous-savers-show-need-deposit-insurance
  7. Business - Banking & Finance - BANKING

    Bank defaults viewed as dark side of deposit vows

    Posted Apr 22nd 2014, 12:46am by BLOOM

    ... Bloomberg in Shanghai Bank defaults viewed as dark side of deposit vows Premier Li Keqiang's plan to introduce deposit insurance is meant to comfort the mainland's savers as bad ... are in place, said Kwong Chung Li, the chief executive of China Lianhe Credit Rating. "With the deposit insurance coming … the government is signalling they may be willing to let some ...

    http://www.scmp.com/business/banking-finance/article/1493924/bank-defaults-viewed-dark-side-deposit-vows
  8. News - World - BANKING

    French rogue trader Jerome Kerviel begins serving prison sentence

    Posted May 19th 2014, 09:59pm by AFP

    ... at the time, and I am going to spend the rest of my life testifying to that." Kerviel had been ordered to present himself at a French police station by Sunday at the latest. He finally complied ...

    http://www.scmp.com/news/world/article/1515803/french-rogue-trader-jerome-kerviel-begins-serving-prison-sentence
  9. Business - Banking & Finance - BANKING

    China to set up deposit insurance to protect savings in banks as risks rise

    Posted Jun 24th 2013, 12:00am by JANE CAI

    ... Jane Cai in Beijing xuejun.cai@scmp.com Deposit insurance scheme could be set up this year, as financial system faces risks associated with interest rate liberalisation, slower growth Beijing pushes plan to protect savings deposits The mainland is poised to have a deposit insurance scheme, after extensive discussions over nearly two decades. The system, which will provide ...

    http://www.scmp.com/business/banking-finance/article/1267552/china-set-deposit-insurance-protect-savings-banks-risks
  10. Business - Banking & Finance - BANKING

    Credit Agricole back in profit as Europe recovers

    Posted Feb 20th 2014, 01:16am by BLOOM

    ... in France and from insurance. The bank, led by chief executive Jean- Paul Chifflet, has trimmed its balance sheet since mid-2011 and returned to an annual profit last year after two consecutive ... Credit Agricole's French regional banking networks increased 9.5 per cent to €230 million in the fourth quarter, helped by higher revenues, it said. Revenue at its insurance business also ...

    http://www.scmp.com/business/banking-finance/article/1431402/credit-agricole-back-profit-europe-recovers

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