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//16-12-2008

Deutsche Bank fined by Hong Kong market regulator

HONG KONG, Dec 16 (Reuters) - Hong Kong's market watchdog said Tuesday it had fined a local securities unit of Deutsche Bank (DBKGn.DE: Quote, Profile, Research, Stock Buzz) HK$6 million ($769,230) and reprimanded the firm over activities on its facilitation trading desk.
//16-12-2008

Japan finmin calls for more BOJ liquidity steps

TOKYO, Dec 16 (Reuters) - Japan's finance minister on Tuesday urged the Bank of Japan to examine measures to help the economy and boost market liquidity at a rate review meeting this week, amid signs of a worsening recession.
//16-12-2008

Madoff Investment Securities LLC

HSBC notes various articles appearing in the press today regarding the Group's exposure to the alleged fraud at Madoff Investment Securities LLC ("Madoff"), which is under criminal investigation in the USA.
//12-12-2008

Bank of America to Cut 30,000 to 35,000 Positions

Bank of America Corp., the third- largest U.S. bank, said it plans to cut 30,000 to 35,000 positions over the next three years because of its acquisition of Merrill Lynch & Co. and the weak economic environment.
//12-12-2008

STANDARD CHARTERED PLC RIGHTS ISSUE TO RAISE 8 BILLION

Standard Chartered PLC today announces a 30 for 91Rights Issue to raise ?,779 million
//12-12-2008

BNP Paribas issues subordinated debt of €2.55 billion within the scope of the French plan to support the economy

BNP Paribas signed an agreement with the State-owned Soci¨¦t¨¦ de Prise de Participation de l'Etat (SPPE) for the issuance of undated super-subordinated notes in the amount of €2.55 billion, eligible as Tier-1 capital.
//11-12-2008

Downtown protest targets Bank of America

Laborers, foreclosure moratorium proponents and other demonstrators took aim at Bank of America Wednesday, making up a crowd of hundreds marching on the Chicago headquarters.
//11-12-2008

ICBC Wins Awards of Corporate Governance in Succession

Since share reform and IPO, ICBC strictly abides by laws and regulations as well as relevant supervision provisions in the places where ICBC was listed and takes perfection of corporate governance as the basic project of enhancing core competitiveness.
//11-12-2008

Accelerated implementation of strategic plan / update on 4Q08

Credit Suisse announced a number of strategic measures to reflect the continuing evolution of the financial markets over the past year.
//10-12-2008

Standard Chartered Bank One of the Founding Members of New Climate Principles for Banking Industry

Standard Chartered Bank has joined with a coalition of five leading financial institutions to launch the Climate Principles, the first comprehensive industry framework to manage the risks and opportunities of climate change. This has also been formally adopted by Credit Agricole, HSBC, Munich Re and Swiss Re.
//10-12-2008

Deutsche Bank¡¯s 30th anniversary in Korea

More than 350 employees marked Deutsche Bank¡¯s 30th anniversary in Korea last week.
//10-12-2008

ICBC Wins the Title of "Best Domestic Bank, China"

The results of the selection "Triple A Country Winner 2008" organized by The Asset were announced recently and ICBC won the title of "Best Domestic Bank, China" of the journal for the first time.
//10-12-2008

HSBC delivers new $5 billion fund supporting businesses globally

HSBC has created a new $5 billion global working capital fund for small and medium-sized businesses (SMEs) to ensure that they continue to have access to appropriate credit through the current financial and economic crisis.
//09-12-2008

ICBC Wins Award of "Risk Management 2008"

The results of selection of "Risk Management 2008" organized by Asia Risk were announced, ICBC won "Best Risk Management Award in China's Mainland"......
//09-12-2008

STANDARD CHARTERED PLC RIGHTS ISSUE TO RAISE

Standard Chartered PLC today announces a 30 for 91Rights Issue to raise £1,779 million (net of expenses).
//09-12-2008

Comment on the Office of National Statistics (ONS) Manufacturing figures for November

Ray O'Donoghue, Head of UK Manufacturing at Barclays said:
//05-12-2008

Some US bank bailout holdings down $8 billion

The government mounted a vigorous defense Friday of its massive bank bailout, responding to an Associated Press analysis showing that stock in the program intended to eventually earn taxpayers a profit has lost almost one-third of its value nearly $8 billion in barely one month.
//05-12-2008

Bank of America¡¯s Merrill Takeover May Be Tough Deal

Dec. 5 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Kenneth Lewis¡¯s takeover of Merrill Lynch & Co., the capstone of more than $100 billion in acquisitions he¡¯s made since 2001, may prove the hardest to digest.
//05-12-2008

HSBC and Metrovacesa reach agreement on 8 Canada Square

HSBC and Metrovacesa have agreed that HSBC will secure the title of its global headquarters at 8 Canada Square in London, superseding the existing sale and leaseback agreement between the parties. As a result of this transaction, a gain of approximately £250 million will be recognised in HSBC's income statement for the second half of 2008.
//05-12-2008

Saxo Capital Markets appoints Kazuaki Takabatake as new CEO

Saxo Capital Markets, the Singapore-based subsidiary of the Danish Saxo Bank ¨C the online multi-product trading and investment specialist - today announces the appointment of Kazuaki Takabatake as CEO. Previously the Deputy CEO of the company, Takabatake, in his new role, will oversee all operations of the company across the Asia Pacific region

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