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  • October 23, 2014
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  1. HSBC seeks to sell general insurance unit

    Posted Sep 29th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com HSBC Holdings is approaching a number of European and Japanese insurers in an attempt to sell its worldwide general insurance business, according to people familiar with the situation. Companies being approached included Briti ...

  2. HSBC may boost region's workforce 5pc despite cuts

    Posted Feb 29th 2012, 12:00am

    ... policy. In some countries, such as Brazil, HSBC is profitable but these units have to change their staff structures. Costs are high and the regulatory requirement is getting tougher. ... that the employee's spouse was also laid off. Globally, the bank cut 11,000 jobs last year. A further 12,000 jobs were lost as the bank disposed of 19 units around the world, saving a total of US$900 million. ...

  3. social trends

    Posted Dec 15th 2008, 12:00am by Staff Reporter

    ... Reading Comprehension Answer the following questions 1. What percentage of Hong Kong's population is Generation Y? a. 32 per cent b. 25 per cent c. 20 per cent d. 50 per cent 2. Which of the following job values does Generation Y care about most? a. ...

  4. 100 HSBC staff fired as part of bigger cull

    Posted Feb 10th 2012, 12:00am

    ... the information technology and private banking units and included staff at the managerial and frontline levels. Unionists accused the bank of a lack of social responsibility and urged HSBC staff ... at HSBC reported that some of their colleagues had received employment termination letters yesterday. 'At the information technology unit, more than 10 people were fired, roughly 10 per cent ...

  5. Get sacked, lose free ticket

    Posted Apr 27th 2004, 12:00am by Sara Bradford

    ... Sara Bradford A Cathay Pacific flight attendant was not entitled to use free travel benefits she gained during her employment because she was sacked, a court ruled yesterday. Mr Justice Johnson Lam Man-hon, sitting in the Court of First Instance, made the ...

  6. Cathay union 'fatally weakened' by strike setback

    Posted Oct 02nd 2011, 12:00am

    ... up of cabin crew.' However, the chairwoman added: 'We believe that our members are still united and will act upon the FAU's direction ... Having different approaches ...

  7. HSBC to axe 3,000 Hong Kong jobs

    Posted Sep 08th 2011, 12:00am

    ... The bank's operations in Canada, the United States, Mexico and Brazil have also been targeted for staff cutbacks. HSBC's announcement is part of an expected wave of banking layoffs ...

  8. Leadership schemes for women still on hold

    Posted May 07th 2011, 12:00am

    ... and the overall effect of gender diversity may be what will bring about real change. A 2008 United States and European study by McKinsey and Company found that organisations with a higher number ...

  9. Foreign workers offered a way out of tax trouble

    Posted Mar 11th 2004, 12:00am by Staff Reporter

    ... Bei Hu The mainland government will offer foreign workers a one-off chance to clear up personal income tax arrears this year without incurring hefty penalty payments. The administrative concession recently approved by the State Council promises to improve ...

  10. Degree of injustice

    Posted Mar 26th 2011, 12:00am by Albert Chen, Albert Cheng

    ... The rising number of working poor, according to Central Policy Unit head Lau Siu-kai, is a ticking time bomb ready to explode and rock social stability. The minimum wage law can ease our social ...




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