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  • November 27, 2014
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Results 1 - 10 of 42 for south china morning post

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  1. Business - Banking & Finance - BANKING

    CCB will follow its clients to overseas markets

    Posted Nov 20th 2012, 12:00am by Kwong Man-ki

    ... States, Europe and the Asia-Pacific region, the bank would consider expanding through mergers and acquisitions. Zhang told the South China Morning Post in a written response to questions ... citing a "misunderstanding" in the Financial Times article. Zhang told the South China Morning Post that the starting point for the bank's overseas expansion is to follow its ...

  2. Business - Banking & Finance - BANKING

    Bank of America-Merrill Lynch to announce Asia lay-offs

    Posted Sep 25th 2012, 10:58am by George Chen

    ... fastest-growing region. Financial industry sources familiar with the matter told the South China Morning Post on Tuesday that the leading American bank is expected to make an internal announcement of its latest lay-off plan in Asia, including its offices in Hong Kong, Tokyo and South Korea, in the coming days. "Many department heads have submitted their lists of head count that will be cut. ...

  3. Business - Banking & Finance - BANKING

    Foreign banks in Shanghai free-trade zone lack permits to transfer funds freely

    Posted Jul 08th 2014, 11:58am by George Chen, Jeanny Yu

    ... sensitivity of the matter, told the South China Morning Post he believed the central bank- the People's Bank of China- might be delaying FTA approval to foreign banks on purpose because Beijing wanted domestic banks to have the first go. In fact, five mainland banks have already received the permit, including three of the Big Four state lenders- Bank of China, Industrial and Commercial ...

  4. Business - Banking & Finance - BANKING

    Banks rush to open branches before Shanghai free-trade zone anniversary

    Posted Jul 08th 2014, 01:54am by George Chen

    ... including the first privately owned bank. Sources familiar with the situation told the South China Morning Post that a newly established bank mainly funded by the Juneyao Group and other private ... Juneyao, China Citic Bank, a mid-sized state-owned bank, is also in the last stage of preparation to launch its new branch in the free-trade zone. Beijing-based Minsheng Bank and Singapore's ...

  5. Business - Banking & Finance - BANKING

    Former RBS China chief financial officer questioned by police

    Posted Sep 21st 2012, 12:00am by Daniel Ren

    ... are unable to comment further," the bank said in a statement to the South China Morning Post. A source said it was the British government that reported irregularities by Zhi to the authorities. ... Daniel Ren in Shanghai ren.wei@scmp.com Former RBS China official questioned by police A former chief financial officer with the Royal Bank of Scotland's China operations was recently ...

  6. News - China - BANKING

    Mysterious ICBC banking glitch sparks panic, frustration among customers

    Posted Jun 24th 2013, 10:16am by Ernest Kao

    ... after fugitive intelligence-leaker Edward Snowden told the South China Morning Post  that the US National Security Agency had been hacking mainland Chinese and Hong Kong networks for years. ... Ernest Kao ernest.kao@scmp.com Technical disruptions at China’s largest state-owned lender caused temporary panic among customers at the weekend, with some expressing fears of a hacking ...

  7. Business - Banking & Finance - BANKING

    CDB appoints new Hong Kong boss after Ping An loan probe

    Posted Jan 24th 2013, 12:00am by George Chen, Ray Chan

    ... yesterday by the Caixin Century Weekly. The South China Morning Post broke the news on January 10 that CDB senior executives had ordered Liu to return to Beijing to assist in an internal ... George Chen and Ray Chan CDB gets new HK boss after Ping An loan probe The head of China Development Bank's Hong Kong branch has been moved back to Beijing after an internal probe ...

  8. Business - Banking & Finance - BANKING

    Shanghai's plans won't affect Hong Kong, HSBC says

    Posted Jul 10th 2013, 12:00am by KANIS LI

    ... owned subsidiaries in the free-trade zone in the Pudong New Area, the South China Morning Post reported yesterday. Foreign banks including HSBC and Citigroup already have branches and wholly ...

  9. Business - Banking & Finance - BANKING

    Moody's warns Hong Kong banks over increased loans exposure to mainland

    Posted Jun 26th 2014, 11:38pm by DON WEINLAND

    ... to Liao Qun, senior vice-president of strategy and planning at Citic Bank. "If China can maintain above 7 per cent growth this year, then I think the risk is low," Liao told the South China Morning Post. "That means there will be no massive defaults for mainland companies this year." The mainland government has a growth target of 7.5 per cent this year. The Hong ...

  10. Business - Banking & Finance - BANKING

    Tighter scrutiny of potential mainland clients by banks in Hong Kong

    Posted May 20th 2014, 11:12am by George Chen

    ... the South China Morning Post. Hugo Williamson, managing director of Risk Resolution Group, a British risk consultancy, said anti-money-laundering and "know your client" regulations had ... about income sources and political ties, according to a source with knowledge of the matter. An e-mail sent by the Post to the bank's Geneva headquarters requesting comment went unanswered. ...




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