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  • July 25, 2014
  • Last updated: 10:06am
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Results 1 - 10 of 16 for william lam

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  1. Business - Economy - CURRENCIES

    China and UK in talks over London yuan clearing bank

    Posted Feb 20th 2014, 11:16am by Jeanny Yu

    ... Tak-lam said Hong Kong "will not, and should not" hold such a big share of yuan business forever. "It is unrealistic for one to expect a long-standing monopoly by Hong Kong ...

  2. Business - Banking & Finance - CURRENCIES

    Hong Kong needs to develop global network to maintain its leading role in yuan business

    Posted Feb 18th 2014, 02:17pm by Enoch Yiu

    ... that could grow by 300 per cent over the next decade, Hong Kong Monetary Authority chief executive Norman Chan Tak-lam (pictured) said. The head of the de facto central bank warned local lenders ...

  3. Business - Banking & Finance - CURRENCIES

    PBOC hints at retreat on dollar purchases

    Posted Nov 22nd 2013, 03:02am by BLOOM

    ... at the central bank, said on Wednesday. Stopping intervention [in the currency markets] will be very hard to do MARK WILLIAMS, CAPITAL ECONOMICS Bank governor Zhou Xiaochuan had earlier said it would ... this year. "It appears that many in the People's Bank think the time is about right to scale back currency interventions," said Mark Williams, the London-based chief Asia economist ...

  4. Business - Economy - CURRENCIES

    Hong Kong peg 'could last another 20 years', says its designer John Greenwood

    Posted Oct 14th 2013, 12:00am by NICK EDWARDS

    ... the British-based chief economist of fund firm Invesco, credits the work of others- particularly former Hong Kong Monetary Authority chief Joseph Yam Chi-kwong and his successor, Norman Chan Tak-lam ...

  5. Business - Economy - CURRENCIES

    Peg shift would mean pay cuts, deflation: Chan

    Posted Oct 15th 2013, 12:00am by NICK EDWARDS

    ... Nick Edwards nick.edwards@scmp.com Too early to consider linking with the yuan as preconditions do not exist, HKMA chief says HK will see pay cuts, deflation with peg shift Pay cuts and deflation would sweep across Hong Kong if the peg to the US dollar was abandoned and switched to the yuan, Hong Kong Monetary Authority chief executive Norman Chan Tak-lam said. "If the Hong ...

  6. Business - Economy - CURRENCIES

    Pressure on Hong Kong to remain top yuan hub

    Posted Sep 23rd 2013, 12:00am by Enoch Yiu

    ... close to the Hong Kong dollar's 18.2 per cent share. Hong Kong Monetary Authority chief executive Norman Chan Tak-lam, however, played down worries and said it was inappropriate to conclude ...

  7. Business - Banking & Finance - CURRENCIES

    Wider yuan trading band on the cards

    Posted Aug 17th 2013, 12:00am by BLOOM

    ... a wider trading band," said Banny Lam, co-head of research at Agricultural Bank of China International Securities in Hong Kong. "Lesser bets on yuan gains and low volatility ...

  8. Business - Economy - CURRENCIES

    Hong Kong may widen renminbi business

    Posted Jun 13th 2013, 12:00am by Gary Cheung, Charlotte So

    ... and Singapore, according to Norman Chan Tak-lam, the chief executive of the Hong Kong Monetary Authority. "Hong Kong is open-minded towards the development of offshore renminbi business and we hope ...

  9. Business - Banking & Finance - CURRENCIES

    Stronger yuan a boost for Hong Kong banks

    Posted Apr 29th 2013, 12:00am by Enoch Yiu

    ... weight behind the local banking industry. HKMA chief Norman Chan Tak-lam announced a range of new measures to enhance the city's role as an international offshore yuan trading centre. From ...

  10. Business - Banking & Finance - CURRENCIES

    Norman Chan pitches Hong Kong yuan services in Dubai

    Posted Jan 23rd 2013, 12:00am by ENOCH YIU AND ANITA LAM

    ... Enoch Yiu and Anita Lam HKMA chief urges region's fund managers to take heed of mainland's currency expansion Norman Chan pitches HK yuan services in Dubai Monetary Authority chief executive Norman Chan Tak-lam and top Standard Chartered executives yesterday met more than 150 businesspeople in Dubai to pitch Hong Kong's yuan services. Although the yuan ...




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