Abbey in ‘fire-sale’ Hong Kong exit
(Hong Kong) – Abbey National has surprised analysts by selling its 5.5 percent stake in Hong Kong’s Dah Sing Bank for around HK$490 million.While Abbey is known to […]
(Hong Kong) – Abbey National has surprised analysts by selling its 5.5 percent stake in Hong Kong’s Dah Sing Bank for around HK$490 million.While Abbey is known to […]
(Hong Kong) – Dah Sing Financial Group has confirmed it is reviewing its retail operations, but says no decisions have yet been made on job cuts.The head of […]
(Hong Kong) – The territory’s High Court has ruled that the George Soros-controlled SFM Advisory Holdings, the Asian Development Bank and several other groups conspired to strip Peregrine […]
(Hong Kong) – Small players in the Hong Kong banking sector have called for a relaxation of deposit taking rules, and have asked for permission to offer cheque […]
(Hong Kong) – Asian banking specialist Standard Chartered has revealed that the over allotment option for its HK$2.94 billion share offer has been fulling exercised by the placing […]
(Hong Kong) – Asian banking specialist Standard Chartered has announced the pricing for its 244 million pound Hong Kong float, setting a price discounted 2 percent on last […]
(Hong Kong) – London-listed Asian banking specialist Standard Chartered has kicked off its HK$3.2 billion (US$410 million) Hong Kong share offer.StanChart plans to sell up to 35 million […]
(Hong Kong) – Profits at Hong Kong’s listed banks fell 11.1 percent in the first half of this year compared with the same period in 2001, according to […]
(Hong Kong) – Eight people, including a former senior manager of a Chinese bank, have appeared in court in Hong Kong on money laundering charges involving US$6.4 billion.Six […]
(Hong Kong) – Hong Kong middle ranked lender Wing Hang Bank has seen its first half net profit drop 14 percent reflecting the market’s economic problems and growing […]