HSBC in the money with results, but….
(Hong Kong) – HSBC Holdings in London has produced lower profits, increasing bad debt charges against its loan book.Interim pre-tax profits, post goodwill amortisation, has dropped seven percent […]
(Hong Kong) – HSBC Holdings in London has produced lower profits, increasing bad debt charges against its loan book.Interim pre-tax profits, post goodwill amortisation, has dropped seven percent […]
(Hong Kong) – Hong Kong’s International Bank of Asia (IBA) has seen its first half net profit drop 38 percent, impacted by growing bankruptcies causing a doubling in […]
(Hong Kong) – Standard Chartered Bank has been appointed by the Hong Kong Monetary Authority (HKMA) as the Settlement Institution for euro clearing in Hong Kong.The euro clearing […]
(Hong Kong) – The Bank of China Hong Kong has confirmed that Standard Chartered Bank is taking a “strategic stake” in its initial public offering, currently being roadshowed.The […]
(Hong Kong) – HSBC’s investment banking operation is planning to hire up to 150 new staff in Asia through to 2007, as a means of further priming the […]
(Hong Kong) – HSBC’s 62 percent owned Hang Seng Bank unit, Hong Kong’s third biggest lender, has won approval for another of its branches to deliver foreign currency […]
(Hong Kong) – HSBC’s Hongkong and Shanghai Banking Corp has seen new mortgage applications climb 28 percent in the first four months of 2002 pointing to improved sentiment […]
(Hong Kong) – The number of bankruptcies in Hong Kong has stayed high during April as the economy struggles to emerge from recession.With a recorded 1,769 personal and […]
(Hong Kong) – Hong Kong’s chief competitor in the region for the foreign business investment, Singapore, has cut taxes in an effort to improve its attractiveness to offshore […]
(Hong Kong) – Credit Suisse First Boston is reportedly cutting some 20 investment banking jobs in Asia in a cost reduction move.The Bank is trimming staff in its […]