Investment Bank

What can UBS learn from Charles Dickens' ghosts

What can UBS learn from Charles Dickens' ghosts

Like the Ghost of Christmas Past from Charles Dickens' beloved tale, A Christmas Carol, another scandal has come to spook an investment bank.

Saturday, 5 January, 2013, 2:38am 2 comments

Shareholders win in UBS overhaul

More than 10,000 staff will be walking out the door of UBS by the time the chief executive finishes his restructuring. Photo: AFP

UBS's decision to cut as many as 10,000 jobs and retreat from capital-intensive trading businesses will help position Switzerland's largest bank to return more funds to shareholders.

30 Oct 2012 - 4:25am

Three Australian councils win case against Lehman Bros unit

Women carrying boxes leave the Lehman Brothers headquarters in New York. The Australian arm of the 158-year-old investment bank bought Grange Securities in 2007.

Three Australian councils on Friday won their case against a Lehman Brothers subsidiary over losses they incurred on complex investment products that crashed during the global financial crisis.

21 Sep 2012 - 4:36pm

Opinions vary on outlook for property developers

Analysts are divided over the outlook for share prices of Hong Kong property developers under the new administration of chief executive-elect Leung Chun-ying.

23 Apr 2012 - 12:00am

Money is root cause of disputes

Wealth and money have caused conflict in more than half of affluent families in Hong Kong. That is the conclusion of a report released by British investment bank Barclays.

Inheritance and succession are major factors in causing problems resulting in family disputes. The report reveals that 40 per cent of the world's wealthy have had disputes with their families.

28 Nov 2011 - 12:00am

Corrections & clarifications

Yesterday's report, 'Probe into failed luxury flat sales in Mid-Levels', on page A1 wrongly said that an investment bank had cut Henderson Land Development's credit rating. The bank, Credit Suisse Group, cut its outlook for the price of Henderson Land Development shares. We apologise for the error.

19 Jun 2010 - 12:00am

Home sales fall by average of 39pc in key mainland cities

Home sales in mainland cities declined again in January from a month earlier as buyers continued to show reluctance to enter the market because of uncertain regulatory risks.

3 Feb 2010 - 12:00am

In Brief

Baptist University graduates landing higher-paying jobs

18 Jun 2008 - 12:00am

Investment bank raises interest among donors

Reindeer and elves help to deck the halls of Barclays Capital

Santa Claus and helpers walking around with donation boxes ... children coming and going with their parents ... and a bunch of senior executives sitting around the boardroom table, having makeup applied.

Could this really be the office of a leading investment bank on a busy Friday?

20 Dec 2007 - 12:00am

Macy Gray to play bank bash

Hundreds of clients and close friends of investment bank CLSA waiting to hear who will be performing at its ultra-exclusive annual gala need hold their breath no more. CLSA has confirmed to CitySeen that this year's act will be none other than soul sista Macy Gray.

5 Sep 2003 - 12:00am

A better balance

One of the main arguments supporting the government decision to cut back its Home Ownership Scheme is the apparent shrinkage of the sector it was created to help. Even if authorities are bending to pressure from property developers by reducing the plan, it is also true that more families have the earning power to service mortgages. If prices continue to fall, that number will increase.

15 Oct 1999 - 12:00am

Nordic issue lifts market

NORDIC Investment Bank enlivened Hong Kong's moribund Hong Kong dollar fixed-rate market with a $250 million three-year issue from its note programme. Lead underwriter is Chemical Securities Asia. The issue price is 100.25 and the coupon a semi-annual 8.65. The issue will not be listed.

7 Jan 1995 - 12:00am