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Business 29 Aug 2003 | 12:00 AM

StanChart plans to incorporate in Hong Kong

Global bank Standard Chartered may incorporate itself in Hong Kong as it commits to being a key player in China's banking sector, it was reported Thursday.

Business 05 Sep 2003 | 12:00 AM

Citibank: M’sia has good operating environment

CITIBANK Bhd sees Malaysia as having a very good general operating environment for banks, said chief executive officer Piyush Gupta.

Business 08 Sep 2003 | 12:00 AM

HSBC Malaysia eyes investment banking

HSBC Malaysia is keeping a sharp eye on the investment banking scene, especially for any potential early opening up of the sector to foreign banks, says Zarir J. Cama, deputy chairman and chief executive officer of HSBC Malaysia.

Business 12 Mar 2004 | 12:00 AM

Flood of IPOs expected from India firms this year

The strong investor response to some US$3bil worth of recent government share sales is expected to embolden India's private sector firms to storm the market with a slew of initial public offerings (IPOs) later this year.

Business 25 Jun 2004 | 12:00 AM

China bank sells stake to HSBC

China's fifth biggest lender has agreed to sell up to a fifth of its shares to HSBC, a bank regulator said on Thursday, expanding the global bank's footprint in a market hoarding US$1.3 trillion in savings.

Business 03 Aug 2004 | 12:00 AM

HSBC smashes forecasts with 53% rise in first-half profits

HSBC Holdings Plc's first-half profits rose by more than half, smashing market expectations and boosting its shares, as the global bank benefited from last year's purchase of US lender Household.

Business 11 Oct 2004 | 12:00 AM

CAHB aims to be regional bank

COMMERCE Asset-Holding Bhd wants to expand its footprint beyond Malaysia and Indonesia to become a regional bank, said newly appointed group chief executive Dr Rozali Mohamed Ali.

Business 01 Mar 2005 | 12:00 AM

HSBC rules out big US and S. Korea deals as profit jumps

HSBC Holdings plc, the world's second largest bank, posted 2004 profit towards the low end of forecasts yesterday, but was upbeat on prospects for its US business as it rejected big deals there and in South Korea.

Business 10 May 2005 | 12:00 AM

HSBC spending US$1.04b for 9.9% stake in Ping An

Global bank HSBC Holdings, the biggest foreign investor in China's financial service sector, is spending HK$8.1bil (US$1.04bil) for a 9.91% stake in Ping An Insurance Co, doubling its holding in the number-two life insurer.

Business 07 Jun 2005 | 12:00 AM

Milestone for banking sector

A BANK flying Malaysia's flag across nations and continents is what the Malaysian Government would eventually like to see and this is a challenge that the country's largest investment bank CIMB Bhd and its parent, Commerce Asset-Holding Bhd (CAHB), have taken up.