Hong Kong’s Experience in Operating the Currency Board System Priscilla Chiu Hong Kong Monetary Authority I. INTRODUCTION When Hong Kong revived the currency board arrangements in October 1983‚ it faced a financial world that was vastly different from that earlier in the century when currency boards flourished in British colonies and protectorates.1 Bank deposits had taken over currency notes as the predominant medium of exchange. Capital mobility had been significantly enhanced:
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Innovative HR Practices by Organisation across Different Sectors Introduction Companies are taking up people-related initiatives as there is a need to manage human resources advantageously‚ so as not to lose the competitive edge in talent that they have built. In managing their human resources‚ companies have time and again focused on values‚ invested in personnel‚ emphasized on meritocracy and consequently attaining excellence in HR processes. Innovative Practices of Recruitment and Selection
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responsibilities that varied from developing subprime customer acquisition strategies at Capital One‚ creating loss mitigation strategies for delinquent European customers at Barclays and maximizing customer engagement for retail credit card customers at HSBC. I was promoted; my responsibilities were expanded to encompass ownership of portfolios and provided with a team to increase the output. During this time the eruption of subprime mortgage crisis brought more regulatory attention towards credit cards
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I. Industry and Company Background Industry Currently‚ the Philippine Financial System is divided into the following: Among the banking institutions in the country‚ seventeen (17) are universal banks while twenty-one (22) are banks with sole commercial banking functions. There are also eighty-four (84) thrift banks and seven hundred thirty-eight (738) rural banks in the country. (as of April 1‚ 2008‚ www.bsp.gov.ph) Company Background About UnionBank UnionBank of the Philippines
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Limited Habib Bank Limited SAMBA Bank Limited JS Bank Limited Citibank N.A. - Pakistan Operations Allied Bank Limited Askari Bank Limited Standard Chartered Bank (Pakistan) Limited Bank Al-Falah Limited National Bank of Pakistan Sindh Bank Limited HSBC Bank Middle East Ltd. - Pakistan Soneri Bank Limited Saudi Pak Industrial & Agricultural Investment Co. Bank Al-Habib Limited First Women Bank Limited KASB Bank Limited PAIR Investment Co. Limited Pak Oman Investment Co. Limited SME Bank Deutsche Bank
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Learning Zone (Relevant to Paper II – PBE Management accounting and finance) Simon S P Lee‚ The Chinese University of Hong Kong Dividend Policy Bank distributed a $6.30 dividend per share in 2008. If you purchased shares in Hang Seng Bank at $87 per share‚ the company’s dividend yield was 7.2% ($6.30/$87) which is much higher than the bank deposit rate. Dividend payout ratio is another important indicator: Dividend payout ratio = Dividend per share ÷ Earnings per share Dividend policy
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ASSIGNMENT -03 VISION‚ MISSION AND VALUES IN DIFFERENT ORGANIZATIONS Prepared For: Prof. Dr. M. Ziaulhaq Mamun Course Instructor Managing Operations (P501) Fall 2013 Prepared By: Tafsir Ahmed ID: ZR1301001 Executive MBA Institute of Business Administration University of Dhaka December 13‚ 2013 1|P a g e VISION‚ MISSION AND VALUES IN DIFFERENT ORGANIZATIONS Definitions: Vision: outlines what the organization wants to be‚ or how it wants the world in which it operates
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deep in the mire and whether Ireland increases its Corporation tax level remains to be seen. From the financial pages this week: HSBC currently headquartered in London has warned that it is considering moving away if the government keeps criticising the banks for the financial crisis and imposing banking levies over and above those payable in other countries. HSBC (Hong Kong and Shanghai Banking Corporation) only moved its HQ to London on acquiring the Midland Bank in the 90’s but if it moves it
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The Chinese University of Hong Kong Department of Decision Sciences and Managerial Economics DSME 5210E Strategic Information Systems Term 1 2014 Instructor: Waiman Cheung Room 902 Leung Kau-Kui Building Phone: 3943 7816 Email: wcheung@cuhk.edu.hk Assistant: Mr. Tianjiao Wang Phone: 3943 8560 Email: tianjiaowang@baf.cuhk.edu.hk Course Objectives: This course discusses the role of information technology (IT) in corporate strategy‚ along with their strategic‚ organizational
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people‚ overcome personal challenges‚ grow as a professional‚ and participate in a social environment. For example‚ I feel proud of my ability to work with different people‚ even if they are difficult to deal with. When I was an Executive Trainee in HSBC‚ I supervised the work of a younger trainee‚ Aline‚ in the Credit Scoring Team. After her first weeks at work‚ everybody considered Aline a person with good
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