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 such cases.Thursday, 7 February, 2013, 5:16am 7 comments
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, the Hong Kong Monetary Authority said.7 Feb 2013 - 5:16am
After many years of talk, the long-awaited Qianhai special zone finally kicked off last week. As part of the project, 15 banks in Hong Kong will be allowed to offer a combined two billion yuan (HK$2.46 billion) in loans to companies in the zone next to Shenzhen.5 Feb 2013 - 4:33am
The proportion of loans to total debt arranged in the Asia-Pacific region outside Japan shrank to 66 per cent last year, the least since 2009, according to data compiled by Bloomberg.1 Feb 2013 - 5:22am
The paltry amount cast doubt over claims of a slow economic recovery and raised fresh questions about the fate of the country's diamond revenues - officials say almost US$685 million worth were sold last year.31 Jan 2013 - 4:39am
Bill Hughes, ex-head of Britain's Serious Organised Crime Agency, Juan Zarate, a former counter-terrorism adviser to the George W. Bush administration in the United States, and former British diplomat Nick Fishwick will also advise the bank, London-based HSBC said in a statement yesterday.31 Jan 2013 - 5:20am
Iceland didn't break the law by refusing to compensate UK and Dutch customers of Landsbanki Islands after the lender collapsed, a European court ruled. The ruling means Iceland won't have to pay damages claims of as much as 335 billion krona (HK$20.3 billion) for customers who had money in the bank's Icesave high-yield savings accounts.
29 Jan 2013 - 4:00am
What can an employer do if he wants to hire more people but cannot add more permanent staff to the payroll, because of a freeze on new hires?
One option is to hire contractors rather than full-time permanent employees, a switch that is becoming more and more popular in the Hong Kong banking world.28 Jan 2013 - 5:39am 1 comment
Barclays chief executive Antony Jenkins has ordered employees to sign up to a new ethical code of conduct or quit, as he seeks to draw a line under last year's damaging Libor manipulation crisis.19 Jan 2013 - 5:12am
The best Christmas present I got last year was a preview of a forthcoming book by a banker-historian in Boston. He sent me his doctoral thesis, a piece of masterly detective work on how ideas travel over time and space, become adopted successfully in a different place, and then come back to where they started.19 Jan 2013 - 4:29am