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 the EU.Thursday, 21 February, 2013, 6:22am
The fundraising plans of Industrial and Commercial Bank of China (ICBC) cooled enthusiasm in the mainland stock market yesterday, as investors fretted about further capital raisings by lenders.17 Jan 2013 - 4:19am
Hong Kong is likely to see more mainland financial companies listing next year as they move to tap the city's capital markets, global accounting firm Deloitte Touche Tohmatsu said yesterday.20 Dec 2012 - 3:19am
Chong Hing Bank, one of the few remaining family-run lenders in Hong Kong, said yesterday that business had improved in the first half but profit had slumped due to the absence of several one-time gains that bolstered earnings last year.
Net profit dropped 36.6 per cent to HK$260 million compared with year-earlier period.15 Aug 2012 - 11:16pm
Beijing has pushed back to January 2013 the introduction of tougher capital requirements for banks, a move economists believe is aimed at countering the economic slowdown.7 Jun 2012 - 12:00am
Shares of Bank of East Asia yesterday posted their biggest fall in two weeks after the city's third-largest lender reported thinning core capital and earnings that failed to meet analysts' expectations.
BEA said attributable profit rose 3.2 per cent last year to HK$4.36 billion, against average analyst target of HK$4.63 billion.15 Feb 2012 - 12:00am
Stricter capital rules in Britain could push HSBC a step closer to shifting its headquarters out of London, with chief executive Stuart Gulliver fuming yesterday at proposed rules which, he said, would cost the bank an extra US$2.1 billion a year.10 Nov 2011 - 12:00am
Agriculture Bank of China and China Minsheng Banking Corp got mainland banks' first-quarter results off to a good start as higher lending profitability and growth in fee income improved earnings.28 Apr 2011 - 12:00am
The 22 billion yuan (HK$24.97 billion) China Merchants Bank is looking to raise in a rights issue should mean the lender will not have to tap the market again for the next three years, according to president Ma Weihua.16 Oct 2009 - 12:00am
China Merchants Bank, the country's sixth-largest lender, said yesterday that it expected its 15 billion yuan (HK$17.01 billion) to 18 billion yuan share rights issue to be completed between the end of this year and early next year.15 Aug 2009 - 12:00am
China Minsheng Banking Corp, the country's first private lender, has received approval from the mainland banking regulator to sell shares in Hong Kong, more than three years after it abandoned a previous H-share fund-raising plan.23 Jul 2009 - 12:00am
China Minsheng Banking Corp will restart its Hong Kong initial public offering plan to strengthen its capital adequacy and profitability.
The board of the Shanghai-listed bank unanimously approved the Hong Kong listing plan at a board meeting on Friday, the company said in an announcement. Shareholders will be asked to approve the plan at a meeting on June 22.8 Jun 2009 - 12:00am
Recent international press coverage has misrepresented China's position on a new international accord on banks' capital adequacy, the mainland banking regulator said yesterday.20 Aug 2003 - 12:00am
The Hong Kong Monetary Authority has issued guidelines to banks that cover the disclosure of interim results in an attempt to further bolster transparency.
The HKMA yesterday issued a circular that listed all items that banks are expected to disclose in their results.28 Jan 2000 - 12:00am
The Hong Kong Society of Accountants (HKSA) has defended new accounting rules after the Hong Kong Monetary Authority raised concerns about their impact on the volatility of tier-one capital.
In computing the capital adequacy of banks, tier one refers to core capital, or the sum of equity capital and disclosed reserves as adjusted.6 Aug 1999 - 12:00am