Standard Chartered’s board chose not to issue a dividend, for the fourth half yearly period running last week and cited the finalisation of the Basel 3 regulations as a major factor. Photo: Bloomberg
Alun John
Opinion

Opinion

Across The Border by Alun John

Hong Kong banks hoard capital as they await new Basel rules

Local lenders likely to be more affected than larger Hong Kong banks, due to lower capital levels and less expertise

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Standard Chartered’s board chose not to issue a dividend, for the fourth half yearly period running last week and cited the finalisation of the Basel 3 regulations as a major factor. Photo: Bloomberg
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