Hong Kong remains expensive in comparison to the rest of the world and property prices need to fall at least another 10 per cent, according to former HSBC chairman Sir William Purves.Tuesday, 30 March, 1999, 12:00am
HSBC Holdings' outgoing chairman Sir William Purves yesterday warned that the worsening Asian crisis, particularly in Indonesia where the group has US$1.8 billion of exposure, could force it to increase its provisions for this year and next.30 May 1998 - 12:00am
Hongkong Bank lost $727 million on equities trading. Sir William Purves said the main loss connected to these dealing activities came in the first half of the year, rather than during the sharp market declines in the second.24 Feb 1998 - 12:00am
The retirement of Sir William Purves as group chairman of HSBC Holdings will see the departure of the man they call Hong Kong's 'king-maker'.
While he has been based in London for the past few years, his influence on the fortunes of Hong Kong's corporate sector has remained undiminished.14 Oct 1997 - 12:00am
IN London, the HSBC Holdings 1995 results release met with disappointment.
There was no takeover announcement.
Analysts and journalists alike looked for the extra sheet in the blistering pack of releases for HSBC, Hongkong Bank, Midland Bank and Hong Kong Bank of Malaysia.27 Feb 1996 - 12:00am
HSBC Holdings chairman Sir William Purves will also become chairman of Midland Bank from March 31, replacing Sir Peter Walters, who stepped down to head UK drug company SmithKline Beecham.
Midland chief executive Brian Pearse, who will retire on March 31, will be replaced by deputy chief executive Keith Whitson.30 Nov 1993 - 12:00am
PROPOSALS for extending democracy in Hong Kong have come too late, Sir William Purves said yesterday.
The chairman of Hongkong and Shanghai Bank Holdings, speaking at a lunch at the Foreign Correspondents' Club, said he believed any proposals to secure arrangements for elections in Hong Hong in the future ''should be open and fair''.7 Oct 1993 - 12:00am
JUST when Hong Kong needs all the friends it can muster on the environment front, George Cardona - a steadfast champion of all things green in his role as chairman of the Private Sector Committee on the Environment - is leaving town for cleaner and greener pastures.29 Sep 1993 - 12:00am
WHAT do you buy a man who has everything . . . someone like HongkongBank's Sir William Purves, for example? This was a problem facing Charles Walker, the chairman of the management committee of the Eric Liddell Foundation, a charitable trust set up three years ago in memory of Scotland's 1924 Olympic Games 400 metres gold medallist, whose story is told in the moving film Chariots of Fire.27 Jun 1993 - 12:00am
HONGKONG Polytechnic is to award honorary degrees to two top businessmen and two leading scientists at its graduation ceremony in November.
Doctorates in Business Administration will be conferred upon Sir William Purves, group chairman of the Hongkong and Shanghai Banking Corporation and entrepreneur William Mong Man-wai, chairman of the Shun Hing Group of Companies.26 Jun 1993 - 12:00am