• Saturday
  • November 29, 2014
  • Last updated: 5:50pm
Hong Kong




Search Results

Results 1 - 10 of 48 for reuters

Related topics matching your search

Search results

  1. Business - Banking & Finance - BANKING

    Standard Chartered hit with first S&P downgrade in 20 years

    Posted Nov 29th 2014, 04:47am by Reuters

    ... Reuters in London S&P lowers StanChart rating amid 'tough' times Ratings agency Standard & Poor's cut its credit rating on Standard Chartered for the first time in 20 years yesterday, citing the "tough period" the Asia-focused bank was going through and its weaker creditworthiness. S&P cut its long-term issuer credit rating on Standard ...

  2. Business - Banking & Finance - BANKING

    Time for rules on bankers' fixed pay, Bank of England chief says

    Posted Nov 18th 2014, 05:23am by Reuters

    ... Reuters in Singapore Hitting errant staffin the wallet could help restore public trust, Carney says Call for curbs on bankers' fixed pay Regulators may need to look at new rules to control the fixed pay of bankers so that it can be clawed back in the event of wrongdoing, Bank of England governor Mark Carney said yesterday. Developed economies have brought in measures ...

  3. Business - Banking & Finance - BANKING

    Standard Chartered to axe up to 100 bank branches next year

    Posted Nov 12th 2014, 06:29am by Reuters

    ... Reuters in London Bank's move part of its cost-cutting in attempt to boost profitability after sharp fall in share price StanChart to axe up to 100 branches next year Asia-focused bank Standard Chartered plans to cut up to 100 retail branches next year, or 8 per cent of its network, to help save US$400 million a year to improve profitability. The bank is under pressure ...

  4. Business - Banking & Finance - BANKING

    New rules put an end to 'too big to fail' banks

    Posted Nov 11th 2014, 06:06am by Reuters

    ... Reuters in Basel New rules put end to 'too big to fail' banks Global regulators proposed new rules yesterday to ensure that bank creditors rather than taxpayers pick up the bill when a big lender collapses. Mark Carney, the chairman of the Financial Stability Board and Bank of England governor, said the plans marked a watershed in ending banks that were too big ...

  5. Business - Banking & Finance - BANKING

    UnionPay's monopoly under threat as China's card market set to open

    Posted Oct 31st 2014, 06:04am by DON WEINLAND

    ... if foreign firms were allowed to open clearing companies on the mainland, the application process and other barriers could make entry difficult at first. Additional reporting by Reuters ...

  6. Business - Banking & Finance - BANKING

    Italy fares worst as 25 major euro zone banks fail ECB health test

    Posted Oct 27th 2014, 05:19am by Reuters

    ... Reuters in Frankfurt Analysts warn that capital shortfall fixes won't guarantee more bank lending to boost economy Italy fares worst as 25 banks fail ECB health test Twenty-five of the euro zone's 130 biggest banks have failed a landmark health check and ended last year with a collective capital shortfall of €25 billion (HK$243 billion), the European Central Bank said ...

  7. Business - Banking & Finance - BANKING

    European Central Bank cuts interest rates to record low

    Posted Sep 04th 2014, 11:56pm by Reuters

    ... Reuters in Frankfurt Scheme announced to push €500 billion into flagging euro-zone economy European bank cuts interest rates to record low The European Central Bank cut interest rates to a record low yesterday and launched a new scheme that could push €500 billion (HK$5.05 trillion) into the flagging euro-zone economy. Underscoring concern about the currency bloc's health, ...

  8. Business - Banking & Finance - BANKING

    Pressure builds within US Federal Reserve to signal new policy course

    Posted Aug 25th 2014, 09:54am by Reuters

    ... Reuters in Jackson Hole, Wyoming Improved economic data and growing anxiety over low interest rates have set stage for US central bank to look at rewriting policy statement Pressure on Fed to adjust policy course Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the US economy and lay the groundwork ...

  9. Business - Banking & Finance - BANKING

    Beijing to inject 200b yuan of loans into banks

    Posted Oct 18th 2014, 05:47am by Reuters

    ... Reuters in Beijing Move by the central bank aims to keep liquidity ample and support the slowing economy Beijing to inject 200b yuan of loans into banks The mainland is set to inject about 200 billion yuan (HK$252.5 billion) worth of three-month loans into five or six listed banks to keep liquidity ample and support the slowing economy, sources said yesterday. The injection ...

  10. Business - Banking & Finance - BANKING

    HSBC asset sale to LGT will halve countries served by its private bank

    Posted Jun 25th 2014, 02:37am by Reuters

    ... Reuters in London HSBC to halve countries served by private bank HSBC is halving the number of countries its private bank serves after selling a portfolio of Swiss banking assets, the latest bank to narrow its wealth management focus in a bid to improve profitability and cut compliance risk. HSBC, Europe's biggest bank by market value, said its private bank served ...




SCMP.com Account