• Wednesday
  • July 23, 2014
  • Last updated: 5:11pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 41 for life insurance

Related topics matching your search

Search results

  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. 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 ...

  7. 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 ...

  8. Business - Banking & Finance - BANKING

    Why China cannot have a 'Lehman moment'

    Posted Feb 24th 2014, 09:36am by Derek Scissors

    ... to a transaction cannot rely on another party to fulfil its contractual obligations. The Chinese banking system is dominated by the state and a handful of state-owned insurers that generate 80 per cent ...

  9. Business - China Business - BANKING

    Growth in China's trust sector slows amid curbs

    Posted Feb 14th 2014, 12:57am by Reuters

    ... investing the proceeds in a range of assets, including loans, private equity and listed securities. Trusts overtook insurance companies last year to become the largest holder of financial assets ...

  10. Business - Banking & Finance - BANKING

    JPMorgan to cut 5,000 more jobs

    Posted Feb 26th 2014, 03:38pm by Reuters

    ... changed. "You're always trimming the sails. That's business," Dimon said. "Obviously headcount is coming down in some of the businesses. That is life." The newly ...




SCMP.com Account