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Sunday, March 21, 2010 8:01 PM

The Bank of East Asia Ltd

Type: Company
Name: The Bank of East Asia Ltd (The Bank of East Asia)
First Reported Mar 17 2010 - Updated Mar 17 2010 - 1 Documents

Bank of East Asia China opens new sub-branch in Huizhou

The Bank of East Asia has announced that its wholly owned subsidiary, The Bank of East Asia China has opened a cross-location sub-branch in Huizhou, Guangdong Province.With the opening of the Huizhou sub-branch, BEA China has established three cross-location ... [Published Mar 17 2010 by TradingMarkets]
First Reported Mar 12 2010 - Updated Mar 12 2010 - 1 Documents

Bank of East Asia sees '10 profit grow over 10 pct -exec

BEIJING, March 12 (Reuters) - Bank of East Asiaexpects its profit to increase by at least 10 percent this yearand is considering investing in a fund company in China, a seniorexecutive said on Friday. ... [Published Mar 12 2010 by Reuters UK]
First Reported Mar 05 2010 - Updated Mar 05 2010 - 2 Documents

StanChart seeking Shanghai listing

HONG KONG, March 5 — Asia-focused bank Standard Chartered will seek to list shares in Shanghai as soon as regulations concerning the exchange’s international board become clear, a senior executive said.Other than also listing in India, the bank had no ... [Published Mar 05 2010 by Malaysian Insider]
First Reported Mar 02 2010 - Updated Mar 02 2010 - 1 Documents

Banks bolster intellectual capital scheme

Five Hong Kong banks have joined the to promote intellectual capital management under the second phase of the launched today. Bank of China (Hong Kong) Limited, Chong Hing Bank Limited, Citi Commercial Bank, Hang Seng Bank Limited, and the Bank of East ... [Published Mar 02 2010 by ISD.gov.hk]
First Reported Feb 28 2010 - Updated Feb 28 2010 - 1 Documents

HK stock poised for gains ahead of key Beijing meetings

The Hang Seng Index may climb above 21,000 points this week after HSBC Holdings (0005) and Hang Seng Bank (0011) announce their annual results today, analysts said.'HSBC and Hang Seng Bank should report better-than-expected results since the Bank of East ... [Published Feb 28 2010 by Hong Kong Standard]
First Reported Feb 26 2010 - Updated Feb 26 2010 - 1 Documents

BRIEF-Criteria says no short term plans to raise Erste stake

MADRID, Feb 26 (Reuters) - Criteria CaixaCorp SA said on Friday it has no plans to raise stake in Erste Bank in the short term.'We are comfortable with the current stakes we have and don't envisage any changes in the short term,' Criteria managing director ... [Published Feb 26 2010 by FinanzNachrichten.de]
First Reported Feb 24 2010 - Updated Feb 25 2010 - 2 Documents

Hong Kong moves to head off property bubble

Hong Kong's economy expanded faster than economists estimated in the fourth quarter as exports and retail sales climbed and unemployment fell.Gross domestic product rose a seasonally adjusted 2.3 per cent in the fourth quarter from the previous three ... [Published Feb 24 2010 by Sydney Morning Herald]
First Reported Feb 23 2010 - Updated Feb 23 2010 - 1 Documents

Mild inflation data hides trouble ahead

Local inflation rose 1 percent year on year last month, down slightly from gains of 1.3 percent in December.The consumer price index came despite food prices shedding 0.5 percent from a year earlier and durable goods slipping 2 percent. The slower pace ... [Published Feb 23 2010 by Hong Kong Standard]
First Reported Feb 22 2010 - Updated Feb 22 2010 - 1 Documents

The March towards Paperless Payments Continues

Organizations across the globe are looking for ways to reduce the traditional mountains of paper that have been associated with processes such as invoicing and payments. Several recent initiatives, reported on below, illustrate the ongoing progress being ... [Published Feb 22 2010 by Commercial Payments International]
First Reported Feb 19 2010 - Updated Feb 19 2010 - 1 Documents

PRESS DIGEST - Hong Kong - Feb 19

HONG KONG, Feb 19 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Friday. Reuters has not verified these stories and does not vouch for their accuracy.SOUTH CHINA MORNING POST-- Financial Secretary John Tsang is expected to ... [Published Feb 19 2010 by Reuters UK]
First Reported Feb 16 2010 - Updated Feb 17 2010 - 4 Documents

Bank of East Asia's Enterprise Services Bus Goes Live

Bank of East Asia (BEA) has gone live in Shenzhen with an enterprise services bus (ESB), which will support its entire business in China. The ESB is based on Clear2Pay's Open Payment Framework technology.In this first phase of a move towards a Bank Payment ... [Published Feb 17 2010 by GT News]
First Reported Feb 11 2010 - Updated Feb 11 2010 - 2 Documents

Bank of East Asia's 2009 net profit surges as expected - Zibb.com

Company: Bank of East Asia Limited (BKEAY)The net profit of Hong Kong- based Bank of East Asia surged to 2.57 billion HK dollars (329.5 million U.S. dollars) in 2009, in part thanks to the strength of its mainland operations, the bank announced on Th ... [Published Feb 11 2010 by Zibb]

Quotes

David Li, chairman and CEO of Bank of East Asia (BEA) and chairman of BEA China, said: "We are pleased to announce the opening of our new sub-branch in the city of Huizhou. BEA China has built the largest branch network of any mainland incorporated foreign bank in Guangdong, and Huizhou is a strategically important addition, as it enables us to further extend our reach to personal and corporate customers in the rapidly developing Pearl River Delta region."
...stampedes rarely go more than 25 sessions before exhausting themselves on the downside,' said Raymond James & Associates analyst Jeffrey D Saut. "We continue to think the nadir is near. The real question will be, 'is it a bear market rally, or something more?" Among financial stocks, Commonwealth Bank of Australia /quotes/comstock/22x!e:cba

More Content

All (116) | News (90) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (23)
sort by: Date | Relevance
Loan week, March 12-18 [Finance Asia - Mar 19 2010]
Wal-Mart Considers Selling Yuan Bonds in Hong K... [BusinessWeek - Mar 18 2010]
Wal-Mart looking to sell renminbi bonds - Bloom... [FinanzNachrichten.de - Mar 18 2010]
Wal-Mart Considers Yuan Bond Sale in Hong Kong,... [BusinessWeek - Mar 18 2010]
Bank of East Asia China opens new sub-branch in... [TradingMarkets - Mar 17 2010]
Bank of East Asia sees '10 profit grow over 10 ... [Reuters UK - Mar 12 2010]
Financials help Asia rebound; Nikkei sinks further [MarketWatch - Mar 11 2010]
ECOtality Gets $300m Credit Facility For EV Cha... [Automotive Business Review - Mar 07 2010]
Loan week, February 26-March 4 [Finance Asia - Mar 05 2010]
StanChart seeking Shanghai listing [Malaysian Insider - Mar 05 2010]
StanChart says will seek Shanghai listing-Asia CEO [Sharenet - Mar 05 2010]
Chinese Investors Focus on Political Convention [Ticker - Mar 04 2010]
Banks bolster intellectual capital scheme [ISD.gov.hk - Mar 02 2010]
HSBC, Hang Seng Decline After Profit Misses Est... [BusinessWeek - Mar 02 2010]
Hong Kong’s Mortgage Rates Hurt Profits, Leung ... [BusinessWeek - Mar 02 2010]
HSBC, Hang Seng Decline After Profit Misses Ana... [BusinessWeek - Mar 02 2010]
Hong Kong’s Low Mortgage Rates Squeezing Profit... [BusinessWeek - Mar 01 2010]
HK stock poised for gains ahead of key Beijing ... [Hong Kong Standard - Feb 28 2010]
BRIEF-Criteria says no short term plans to rais... [FinanzNachrichten.de - Feb 26 2010]
Loan week, February 19-25 [Finance Asia - Feb 26 2010]
Hong Kong Grows Amid Property Bubble Risk [BusinessWeek - Feb 24 2010]
Hong Kong Growth Quickens Amid Property Bubble ... [BusinessWeek - Feb 24 2010]
Hong Kong’s Economy Accelerates Amid Risk of Re... [BusinessWeek - Feb 24 2010]
Hong Kong moves to head off property bubble [Sydney Morning Herald - Feb 24 2010]
Hong Kong’s Growth Beats Estimates Amid ‘Bubble... [BusinessWeek - Feb 24 2010]
Hong Kong’s Growth Beats Estimates Amid ‘Bubble... [BusinessWeek - Feb 24 2010]
Mild inflation data hides trouble ahead [Hong Kong Standard - Feb 23 2010]
The March towards Paperless Payments Continues [Commercial Payments International - Feb 22 2010]
Significant New Activity Notice No. 15717 [Canada Gazette - Feb 19 2010]
PRESS DIGEST - Hong Kong - Feb 19 [Reuters UK - Feb 19 2010]
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Blogs

sort by: Date | Relevance
SMFG banking on Asia? [Raw Japan - Jan 06 2010]
The bulk of Sumitomo Mitsui Financial Group’s  up to $9.7 billion share issue will go to meet stricter capital requirements, but sources say the bank will use some money ...
China wealth fund to invest $400 mln in Longyua... [Economy-Finance - Nov 24 2009]
By Kennix Chim HONG KONG, Nov 24 (Reuters) - China Investment Corp (CIC),the country’s sovereign wealth fund, has agreed to buy $400million worth of shares ...
BEA rises further on bid talk [FT Alphaville - Nov 13 2009]
The share price of Hong Kong’s Bank of East Asia on Thursday rose sharply for the second day after Guoco Group stepped up its stakebuilding, triggering speculation ...
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