FINANCE

Cadwalader Adds Three Top Capital Markets Attorneys to Hong Kong

HONG KONG and NEW YORK, May 7, 2012 /PRNewswire/ – Cadwalader, Wickersham & Taft LLP (Cadwalader), a leading counsellor to global financial institutions and corporations, today announced a substantial … (read the rest of the story…) Related items Cadwalader Adds Leading Structured Finance Lawyer to Hong Kong Office Ropes & Gray prepares to offer Hong...

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HSBC To Expand Renminbi Facility

British giant HSBC (Hongkong Shanghai Banking Corp.) is looking to expand its renminbi or RMB market in the Philippines to further develop its RMB facility to encourage more trade and financial transactions between China and the region.Spencer Lake, co-head of HSBC Global Markets Global Banking and Markets, in town for four days as delegate...

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UPDATE 1-SPECIAL REPORT: U.S. documents allege HSBC money-laundering lapses=2

d "gullible, poorly trained, and otherwiseincompetent personnel." In 2009, the OCC deemed a seniorcompliance official at HSBC to be incompetent – the sameexecutive in charge of implementing a … (read the rest of the story…) Related items UPDATE 2-Hong Kong SFC to name M&A lawyer Alder as head-sources Ropes & Gray prepares to offer...

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Touring Hong Kong’s Waterways

Junk tours of the Hong Kong harbor go past icons like the Star Ferry. HONG KONG — Life here has always revolved around the water. For centuries, Victoria Harbor was this bustling port’s lifeline to travel and trade. Hotels and skyscrapers sprang up on its banks, growing into the skyline known today. (read the...

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StanChart plans China growth, confident on income

By Kelvin Soh and Steve Slater HONG KONG/LONDON (Reuters) – Standard Chartered said it expected to grow income by 10 percent or more this year even though growth dipped below that pace in the first quarter … (read the rest of the story…) Related items StanChart profits hit record despite wages spike Analysis –...

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LinkedIn edges closer to China with Hong Kong office

Following the establishment of eight offices in Asia Pacific, professional networking company LinkedIn announced its Hongkong office, which is its 25th office globally. Housing a dozen staffers, the Hong Kong office serves around 470,000 users in the country within the Financial Services, Banking and Information Technology and Services, which are top industries among this...

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CKI on radar in race for UK airport group stake

Cheung Kong Infrastructure (1038) has been shortlisted to buy a 50 percent stake in Manchester Airports Group, the Sunday Times reported. (read the rest of the story…) Related items Northumbrian Water approached by Hong Kong company Cheung Kong Infrastructure Holdings HSBC says turnaround plan on target, costs cut by $2 billion Former Dewey &...

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Hong Kong Exchange Confirms Interest in LME

HONG KONG, April 30 (Reuters) – The operator of Hong Kong stock exchange on Monday confirmed its interest in the auction process for London Metal Exchange (LME), which is estimated to be worth between 500 million and 1.5 billion pounds ($783 million-$2.4 billion). (read the rest of the story…) Related items Hong Kong confirms...

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Hong Kong confirms LME interest

The owner of the Hong Kong Stock Exchange confirms it is talking to the London Metal Exchange about a possible deal. (read the rest of the story…) Related items Exclusive – HKEx seeks up to $3 billion loan for LME bid – sources Hong Kong Exchange Confirms Interest in LME Guernsey companies to list...

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20. Malaysia and Hong Kong sign tax pact

PUTRAJAYA: Malaysia and Hong Kong have signed a deal to prevent the payment of double taxes by companies and individuals. (read the rest of the story…) Related items Malaysia and Hong Kong sign tax pact Hong Kong economy slowed in first quarter Ice age baby mammoth goes on display in Hong Kong Hong Kong...

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