Bank of China (3988) said net profit rose 2.48 percent year-on-year to 134.81 billion yuan (HK$154.35 billion) in the first nine months of this year, despite weaker profitability and rising bad loans. The net interest margin, a measure of banks ... ( read original story ...)
BOC Hong Kong : January-September Operating Profit Before Impairment Up 2.0% on Year at HK$22.34 Billion
HONG KONG--BOC Hong Kong (Holdings) Ltd. (>> BOC Hong Kong (Holdings) Ltd) said late Wednesday its operating profit before impairment allowances for the January-September period rose 2% from a year earlier to 22.34 billion Hong Kong dollars (US$2.88 ... ( read original story ...)
Hong Kong regulator probes UBS's role as sponsor of certain IPOs
HONG KONG Swiss bank UBS (UBSG.S) said Hong Kong's securities regulator is investigating its role as sponsor of certain unnamed stock market listings in the city, with the intention to start unspecified action against the bank and some of its employees. ( read original story ...)
Hong Kong regulators probe UBS on initial public offerings
HONG KONG - Swiss bank UBS said Friday that Hong Kong regulators are investigating its work on some initial public offerings on the southern Chinese financial centre's stock market. UBS also said that the city's Securities and Futures Commission notified ... ( read original story ...)
Swiss bank UBS in Hong Kong investigation for IPO work
HONG KONG - Swiss bank UBS says it's being investigated by Hong Kong regulators over its work on some initial public offerings on the southern Chinese financial centre's stock market. UBS also said Friday that the city's Securities and Futures Commission ... ( read original story ...)
Delusional British banker dangled off 31st floor balcony of Hong Kong flat in £20,000 cocaine binge before killing second prostitute and roaring at passers-by while …
A delusional British banker dangled off the 31st floor balcony of his Hong Kong flat during a £20,000 cocaine binge before killing a second prostitute, a court heard. Rurik Jutting said he took huge quantities of the drug before clambering on to the ... ( read original story ...)
Hong Kong’s new audit regulator should exclude industry practitioners for international recognition, says FRC
Hong Kong’s proposed independent audit regulator needs to exclude practitioners from the audit industry in order to meet international standards and be in line with major financial centres, top officials from Hong Kong’s Financial Reporting Council ... ( read original story ...)