Hong Kong Association of Banks

The Hong Kong Association of Banks, which represents 19 banks involved in the incident -- including the Hong Kong subsidiaries of Citigroup Inc.,

Hong Kong Widens Power in Bank Probe 2008

The Hong Kong Association of Banks, which didn't return calls, said in a statement that it had formed a task force to deal with the incident.

Lehman Anger Rises 2008

The Hong Kong Association of Banks said it has formed a task force to deal with the incident.

Hong Kong Regulator to Probe Minibonds Practices 2008

The Hong Kong Association of Banks said its members will comply with a plan pushed by the government to buy back the derivatives, known in Hong Kong as minibonds, "at market value."

Hong Kong Investors Win Lehman Reprieve 2008

A spokesman for the Hong Kong Association of Banks said he saw room chances for further decreases in interest rates, which could lead to further equity issues in the property sector.

H.K. Developers Exploit Low Rates 2006

But Peter Wong Tung-shun, chairman of the Hong Kong Association of Banks, said some banks were very small and it might not be easy to have separate counters.

Tan Kin Lian's Blog 2009

At present only certain Guangdong industries and Southeast Asian businesses have yuan accounts in the city, according to Peter Wong Tung-shun, chairman of the Hong Kong Association of Banks and executive director of the Hongkong and Shanghai Banking Corp.

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The Hong Kong Association of Banks said in a statement to the legislature on Monday the market prices of the mini-bonds depends in part on the value of the collateral they are backed by.

Crain's New York Business - Breaking News Feeds 2009

But Hong Kong Association of Banks chairman Peter Wong had reservations about disclosing the information.

Tan Kin Lian's Blog 2009

The Hong Kong Association of Banks announced Friday that it had agreed to a government plan to buy back at market prices the so-called minibonds - complex structured products arranged by Lehman and sold through Hong Kong banks.

Reflector - Latest Headlines from The Daily Reflector 2008