This has been a tough year for business, but beyond the headlines is a compelling Asian story of robustness, adaptability and entrepreneurial flair that bodes well for next year.Monday, 24 December, 2012, 3:58am
The HKMA said on Thursday that it would probe Swiss banking giant UBS over claims of possible rigging of Hong Kong’s interbank offered rate (Hibor).20 Dec 2012 - 9:49pm
France has introduced a long awaited bank reform bill and dismissed criticism that the measures fell short of campaign promises by French President Francois Hollande to get tough on bankers.
French Finance Minister Pierre Moscovici said the reform was inspired by reforms currently being pushed through by the EU and was above all meant to ”protect the deposits of savers.”20 Dec 2012 - 12:23pm
As Germany’s biggest lender, Deutsche Bank has for many people long symbolised everything that is wrong and immoral about the banking sector and its perceived culture of limitless greed.17 Dec 2012 - 11:58am
To most people, Christmas means presents. But to the banking industry, this Christmas may be more about Scrooge than Santa, warnings than gifts.17 Dec 2012 - 12:02pm
DBS Group Holdings, Southeast Asia’s biggest lender, will increase the number of bankers serving large companies in Hong Kong and China by 20 percent next year as it seeks more revenue from outside of Singapore.
The bank plans to add 10 to the 50-person team, Ginger Cheng, who heads DBS’s institutional banking for large companies in Hong Kong and China, told a briefing.10 Dec 2012 - 1:25pm
One of the "inconvenient truths" that is not getting much attention at the UN climate conference in Doha is that for the past 16 years there has been no discernible increase in global temperature.6 Dec 2012 - 3:16am 1 comment
Global banking, a model promoted for more than 30 years by financial conglomerates cobbled together through cross-border mergers, is colliding with the post-crisis reality of stricter national regulation.6 Dec 2012 - 3:16am
The AAA ratings assigned by Standard & Poor’s in a mortgage-bond deal by Credit Suisse Group AG are too high, Fitch Ratings said for the second time this year.4 Dec 2012 - 3:50pm
Chong Hing Bank shares surged the most in almost six years after the appointment of a chief executive officer from outside the controlling shareholders’ family fuelled speculation of a takeover.30 Nov 2012 - 2:43pm