Banking

28 Feb 2013

Bankers in Europe face a cap on bonuses as early as next year, following agreement in Brussels yesterday to introduce what would be the world's strictest pay curbs, in a move politicians hope will...

Whither the Easter Bunny?

27 Feb 2013

It made me smile last November when Patrick Odier, group chairman of the Swiss Bankers Association, observed that “we have an image problem.” Understatement of the century.

Expectations high as results season begins for banks

26 Feb 2013

Bank of East Asia (BEA), the largest independent local bank in Hong Kong, is scheduled to announce its full-year results today, kicking off the reporting season for listed banks.

Hong Kong's financial sector remains to be convinced by the benefits of Qianhai

26 Feb 2013

While bankers see big benefits from Qianhai development there is scepticism elsewhere in the financial industry about whether the plan will benefit the sector or the Hong Kong economy as a whole...

Investors shocked to discover fund managers' private views

25 Feb 2013

The past week proved to be a scandalous one for the mainland's stock market.

A private conversation about the market outlook between one of the mainland's most respected analysts and an...

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Opinion

Jake Van Der Kamp

An age-old problem and the sums that just don't add up

Howard Winn

HSBC suffers the Taibbi treatment in Rolling Stone

Shirley Yam

How tycoons' IPO 'losses' may hide profits at herd's expense

Rule of law suffers when Hong Kong targets money laundering

Hong Kong's efforts to tackle money laundering are under increasing strain due to a surge in the number of suspicious transactions being reported and concerns over a brain drain of investigators...

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EU fails to agree Basel III bank rules in row over bankers' bonuses

Members of the European Parliament and diplomats agreed to reconvene on February 27 after their negotiations ended without a deal on how to implement components of the Basel bank regulations in...

Rise in reports of dirty money causes alarm

The increase was revealed as the new leaders in Beijing try to make good on their anti-corruption pledges and international banks and financial institutions attempt to restore public faith after a...

BANKING

Societe Generale sees loss on Newedge write-down

Societe Generale cut jobs and sold assets last year to cope with stricter international capital and liquidity rules after French banks had their access blocked to US dollar funding and European...

JAKE'S VIEW

Proof needed to show a crime has been committed

With dismembered bodies scattered all over the blood-spattered scene of this horrendous crime, it is no wonder that Madam Justice Jeffreys, in passing sentence, called for increased penalties in...

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BANKING

Loans by Hong Kong banks to mainland firms drop sharply

Total lending to non-bank mainland companies rose 13 per cent in the first nine months of last year over the same period in 2011, less than a third of the 42.9 per cent growth rate seen in 2011,...