Overdraft

Public to have say on more deposit protection

7 Mar 2009

A public consultation will be launched next month on extending deposit protection scheme coverage to integrated bank accounts that offer overdraft facilities on a secured basis, such as credit...

The gaping hole in HK's blanket deposit guarantee

13 Nov 2008

If you think your Hong Kong bank deposits are fully guaranteed under the blanket deposit protection scheme announced last month by Financial Secretary John Tsang Chun-wah, you may want to think...

Ex-sex-photos suspect jailed over card fraud

5 Nov 2008

A former suspect in a recent celebrity sex-photo scandal has been jailed for 27 months for using fake job records to obtain dozens of credit cards.

Former judge's wife seemed lucid to police officer, fraud trial told

1 Apr 2006

An 80-year-old woman said by her lawyer to be mentally unfit to stand trial on welfare fraud charges gave clear and immediate answers in an interview with police lasting more than two hours, a...

ICBC in drive to widen corporate loan business

4 Jul 2002

Industrial and Commercial Bank of China (ICBC) has become the first state-owned commercial bank to launch an overdraft facility for quality corporate clients.

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

10 things to watch out for when ... comparing bank charges

Research: Compare service fees and research the information thoroughly before using the service.

Consolidate: Consolidate your accounts. If you have separate accounts, only keep those...

Securities trading credit line launched

Hongkong Chinese Bank has introduced a credit card that provides holders with an overdraft facility for securities trading on top of the regular spending credit line.

The bank will...

Finance firm sued for overdraft

New China Hong Kong Finance is being sued by Dao Heng Bank over an overdraft of $4.3 million. The facility was granted to New China in December 1995, according to a High Court writ.

Sin Hua Bank sues Rhine in $6.3m claim

Sin Hua Bank has commenced two separate legal proceedings against Rhine Holdings and its wholly owned subsidiary, Rhine Jewellery, to claim a total of about $6.35 million.

Bet my house can gallop faster than yours

Eddie Chow tells me he just joined an Internet service provided by a company called HKStar. After paying the various fees, he was handed a slip by the shop assistant.

'OFFICIAL...

$425m lifeline for 'risky' Tradelink

The troubled Tradelink computer system received a $425 million lifeline yesterday after the Government persuaded legislators money was not being thrown away.