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  • August 29, 2014
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Results 1 - 10 of 118 for victoria city

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  1. Business - Banking & Finance - BANKING

    Hong Kong and mainland creditors seek Lehman Brothers payout

    Posted Jul 18th 2014, 02:57am by Toh Han Shih

    ... of the People's Republic of China, and US$1.21 million to China Citic Bank. The fund will also pay almost US$583,600 to the Monetary Authority of Singapore. The city state's sovereign wealth fund, ...

    http://www.scmp.com/business/banking-finance/article/1555919/hong-kong-and-mainland-creditors-seek-lehman-brothers
  2. Business - Banking & Finance - BANKING

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

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

    ... Associated Press in Washington Citi settles subprime probe for US$7b Citigroup will pay US$7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel ... "They did so at the expense of millions of ordinary Americans and investors of all types- including other financial institutions, universities and pension funds, cities and towns, and even ...

    http://www.scmp.com/business/banking-finance/article/1554353/citigroup-pay-us7b-settlement-us-subprime-mortgage-fiasco
  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

    ... of the new banking system in the zone. The 10 foreign banks that have opened subsidiaries in the zone are Britain's HSBC and Standard Chartered, US bank Citi, Japan's Bank ...

    http://www.scmp.com/business/banking-finance/article/1549490/lack-permit-stalls-ability-foreign-banks-ftz-branches
  4. 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

    ... Don Weinland don.weinland@scmp.com Increased exposure to mainland borrowers poses risks to banks, says ratings agency, amid concerns over companies' ability to repay loans Moody's casts new cloud over city's lenders Ratings agency Moody's restated its negative outlook on the city's banking system yesterday in a new report highlighting the risks ...

    http://www.scmp.com/business/banking-finance/article/1541301/moodys-warns-hong-kong-banks-over-increased-loans-exposure
  5. Business - Banking & Finance - BANKING

    HSBC boosts oversight on metals financing in wake of Qingdao probe

    Posted Jun 16th 2014, 03:07am by Enoch Yiu

    ... at metals financing HSBC, the city's largest bank, which has been aggressively expanding on the mainland, is carefully examining all commodities financing transactions following reports ... the uncertainty of the situation in Qingdao, we are thoroughly assessing each transaction on its own merit." HSBC is the latest bank to join lenders such as Standard Chartered and Citi to monitor ...

    http://www.scmp.com/business/banking-finance/article/1533603/hsbc-boosts-oversight-metals-financing-wake-qingdao-probe
  6. Business - Banking & Finance - BANKING

    International Monetary Fund warns Hong Kong over mainland exposure

    Posted May 24th 2014, 01:52am by Jeanny Yu

    ... the city's de facto central bank to remain focused on mainland lending exposures. "Surveillance and supervision of mainland exposures should remain a key supervisory priority for the Hong Kong ... the capital in the city's banking system. The IMF said the HKMA should work with mainland regulators to facilitate an orderly resolution of distressed assets and address any weaknesses ...

    http://www.scmp.com/business/banking-finance/article/1519196/international-monetary-fund-warns-hong-kong-over-mainland
  7. Business - Banking & Finance - BANKING

    China investment banks making market inroads

    Posted May 26th 2014, 05:06am by Jasper Moiseiwitsch

    ... by a third, but it was to no avail. The company then pulled the float- its fourth attempt to list in the city. That left egg on the face of Resourcehouse's sole listing sponsor, BOC ...

    http://www.scmp.com/business/banking-finance/article/1519508/china-investment-banks-making-market-inroads
  8. News - World - BANKING

    French rogue trader Jerome Kerviel begins serving prison sentence

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

    ... the border at the Riviera town of Menton. After an overnight stay in a police station there, he was transferred yesterday to a prison in the nearby city of Nice. The ex-trader had brought one ...

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

    Shanghai allows city-owned firm to buy bad loans from local banks

    Posted Mar 07th 2014, 02:40pm by Reuters

    ... Reuters in Shanghai Shanghai gets bad-loan bank as concerns grow The Shanghai government has given approval to a city-owned investment company to buy non-performing loans from local banks, state media reported yesterday. It is the latest local government on the mainland bracing for an expected rise in bad debt. Shanghai's launch of a dedicated "bad-loan bank" ...

    http://www.scmp.com/business/banking-finance/article/1442573/shanghai-allows-city-owned-firm-buy-bad-loans-local-banks
  10. Business - Banking & Finance - BANKING

    PBOC cuts reserve ratio for rural banks but analysts sound caution

    Posted Apr 23rd 2014, 12:50am by VICTORIA RUAN AND KANIS LI

    ... Victoria Ruan in Beijing and Kanis Li Ratio cut prompts warning over rise in liquidity The People's Bank of China said it would lower the reserve requirement ratio at county-level rural banks by 200 basis points from Friday, but some analysts cautioned that adding liquidity too fast could cause a rise in financial risks. The targeted fund easing was a small step ...

    http://www.scmp.com/business/banking-finance/article/1494733/pboc-cuts-reserve-ratio-rural-banks-analysts-sound-caution

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