HSBC among four British banks that may face new mis-selling claims
British banks are braced for another wave of compensation claims after regulators warned of significant, mis-selling of interest rate hedging prod...
via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=31344
via The Standard - Breaking News http://www.thestandard.com.hk/breaking_news_detail.asp?id=31344
posted by Alberto Fattori @ 7:49 PM
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The company also said yesterday it expected capital expenditure for the project to increase to US$8.8 billion.
There was little change in the benchmark Hang Seng Index.
Market research firm Gartner had earlier forecast that Lenovo would unseat Samsung Electronics this year to become the mainland's No1 supplier of internet-ready smartphones.
The sale marks Philips' exit from one of its traditional businesses. It has already hived off its troubled television business, setting up a joint venture with Hong Kong's TPV last year.
The rise has already prompted Goldman Sachs to sell shares in ICBC and would probably encourage others to book profits, strategists say.
Market participants have grown increasingly concerned in the past few months about shadow banking after a bank scandal in Shanghai caused public jitters.
Total short and long-term borrowing by 3,895 publicly traded non-financial companies rose to almost US$1.7 trillion in their latest filings, from US$604 billion at the end of 2007, data shows.
Italy (366) 
