| //29-07-2008 |
HSBC Bank Canada has recorded a net income attributable to common shares of C$142 million for the quarter ended June 30, 2008, an increase of C$7 million, or 5.2% from C$135 million for the second quarter of 2007
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| //29-07-2008 |
The Basmany Court in Moscow resumed proceedings Monday in a lawsuit filed by the Russian Federal Customs Service against the Bank of New York Mellon (BNYMellon) [corporate case backgrounder] under the US Racketeer Influenced and Corrupt Organizations (RICO) [text] statute.
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| //29-07-2008 |
In a statement following the final results of this yearˇŻs Tour de France, the two founders of Saxo Bank and joint CEOs, Kim Fournais and Lars Seier Christensen, praised the Team CSC Saxo Bank and said that with this Tour the cycling sport had reached a turning point.
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| //28-07-2008 |
UBS AG, the world's largest wealth manager, said it placed an employee on administrative leave after the Wall Street Journal reported the Swiss bank suspended U.S. fixed-income chief David Shulman.
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| //28-07-2008 |
The following is the text of an advertisement which is to be published in the press in Malta on 25 July 2008 by HSBC Bank Malta p.l.c., a 70.03 per cent indirectly held subsidiary of HSBC Holdings plc.
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| //28-07-2008 |
On Line Treasury (OLT) - The Shariah-compliant version of Standard Chartered Bank's Online Treasury (OLT) proprietary foreign exchange trading and hedging platform has been re-launched under the Bank's global brand for Islamic products - Standard Chartered Saadiq.
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| //25-07-2008 |
INVESTORS IN Wachovia (ticker: WB) who are seeking reassurance that the bank's troubles are behind it can look to the new chief executive officer's purchase of one million of the beaten-down shares.
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| //25-07-2008 |
Lowest-rated destinations for expatriates' lifestyle include UK and France
Singapore rated highly for quality of accommodation
Brazilian, Irish and Australian expats are the wealthiest
HSBC Bank International Limited today revealed that Singapore, the UAE and the US are the best locations to be an expat, according to findings of its Expat Explorer survey, the largest international survey of expats ever conducted.
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| //24-07-2008 |
MOSCOW, July 24 (Reuters) - Russia's Bank of Moscow (MMBM.MM: Quote, Profile, Research, Stock Buzz) said on Thursday it would start placing a three-year, 10 billion rouble ($428.8 million) bond on Aug. 1.
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| //24-07-2008 |
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| //24-07-2008 |
New York – The Board of Directors of Citigroup (NYSE: C) today declared a quarterly dividend on the company's common stock of 32 cents per share, payable on August 22, 2008, to stockholders of record on August 4, 2008.
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| //23-07-2008 |
BANGALORE (Reuters) - Analysts were divided on the capital position of SunTrust Banks Inc (STI.N: Quote, Profile, Research), after the U.S. southeast regional bank on Tuesday said it will bolster capital by unloading a big Coca-Cola Co (KO.N: Quote, Profile, Research) stake.
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| //23-07-2008 |
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| //23-07-2008 |
Wachovia shares lead recovery as investors look for the positive in stream of ugly news
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| //21-07-2008 |
Recently, Fortune magazine of America announced the list of 2008 Fortune Global 500. Measured by the gross revenue in 2007, ICBC was ranked 133rd globally with USD 51.526 billion, moving up 37 from 2007. Meanwhile, on the list of 2008 global 1000 largest banks as measured by Tier I capital announced by The Banker magazine of UK, ICBC was ranked 8th globally with USD 66.271 billion of Tier I capital, top all domestic Chinese banks.
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| //21-07-2008 |
Bank of America announced nine senior appointments to its Equity Research platform. They include: Joseph T. Buckley, Managing Director - Restaurants; Robert A. Hopkins, Managing Director - Medical Devices; James F. Kissane, Managing Director - Information Technology Services; Suzanne B. Schiavelli, Principal - Specialty Finance; Kuni M. Chen, Vice President - Metals & Mining; Kevin M. Fischbeck, Vice President - Healthcare Facilities; Bryan D. Kraft, Vice President - Media, Cable & Entertainment; Brian M. Wright, Vice President - Managed Care; and Brad A. Zelnick, Vice President - Applications Software.
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| //21-07-2008 |
HSBC has opened its first branch in Astana, the capital of Kazakhstan, increasing its presence in Central Asia's biggest economy. The new branch offers a full range of retail and commercial banking products and services as well as foreign exchange and capital markets expertise. This is the first of three branches scheduled to be opened in the country this year, with plans for a second branch in city of Atyrau already well underway. Over the medium term, HSBC aims to build a network of branches in major cities across Kazakhstan.
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| //18-07-2008 |
Depositors have begun to fret, but far fewer banks are going bust now than a generation ago.
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| //18-07-2008 |
UBS, the world's leading wealth manager, will no longer let US residents put money in Swiss bank accounts beyond the reach of US regulators, a senior bank executive has told a Senate subcommittee investigating tax haven abuses.
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| //18-07-2008 |
Bank of China (Hong Kong) Limited announced the launch of the Beijing 2008 Olympic Games Hong Kong Dollar Commemorative Banknote (ˇ°HKD Olympic Banknoteˇ±) denominated in HKD20. There is a total of 4 million pieces of the HKD Olympic Banknote to be available for public sale from July 16 to 31 at the 50 designated branches of BOCHK.
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