HSBC Holdings plc 2008 Final Results

HSBC Holdings plc 2008 Final Results
Profitable business model
Pre-tax profit for 2008, excluding goodwill impairment, of US$19.9 billion, down 18 per cent. On a reported basis, pre-tax profit was US$9.3 billion, down 62 per cent.
Diversified business model delivers profits in every region except North America and every customer group except Personal Financial Services.
Earnings per ordinary share […]

HSBC Bank Malta p.l.c. 2008 results -

HSBC Bank Malta p.l.c. 2008 results
The following is the text of an advertisement which is to be published in the press in Malta on 21 February 2009 by HSBC Bank Malta p.l.c., a 70.03 per cent indirectly held subsidiary of HSBC Holdings plc.
Review of Performance
Profit before tax of €96.1 million for the year ended 31 […]

The Saudi British Bank 2008 annual results – highlights

The Saudi British Bank 2008 annual results – highlights
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
Net profit of SAR2,920 million (US$779 million) for the year ended 31 December 2008 – up SAR313 million (US$84 million), or 12.0 per cent, […]

The Saudi British Bank 2008 annual results – highlights19 January 2009

The Saudi British Bank 2008 annual results – highlights19 January 2009
The following news release was issued today by The Saudi British Bank (SABB), a 40 per cent indirectly held associate of HSBC Holdings plc.
Net profit of SAR2,920 million (US$779 million) for the year ended 31 December 2008 – up SAR313 million (US$84 million), or 12.0 […]

Women power at Allianz New Europe

Women power at Allianz New Europe
What would be considered revolutionary in most traditional markets, has long been reality in Central and Eastern Europe: women not only make up a natural part of the work force, they are also part of all management levels. The Allianz companies in the New Europe division count twelve female board […]

Allianz Deutschland AG

Allianz Deutschland AG
Operating profit higher again in 2008
Operating profit rises third time in a row, by 3.7 percent, to 2.2 billion euros. Premium income almost matches previous year / Introduction of new operating model completed with success in 2008 / Growth opportunities: New insurance products, strategic partnership with public health insurance fund, banking business
In […]

Allianz Global Investors set course

Allianz Global Investors set course
Expanding market leadership in Germany
Strong institutional business stabilizes 2008 sales result / Market-related price falls and outflows from mutual funds
The 2008 financial year at Allianz Global Investors Germany was characterized by market-related price falls and outflows from mutual funds, alongside a sustained strong result from institutional investment business. Overall, however, the […]

Allianz GI Capital Markets Monthly

Allianz GI Capital Markets Monthly
“Bear market”
“Will the crisis ever be over?”, asks Hans-Joerg Namer, Head of the Capital Markets Analysis team of Allianz Global Investors KAG, in the current edition of the capital market letter.
crisis on financial markets has been dragging on for 20 months now, almost as long as the average of all the […]

230,000 microinsurance customers

230,000 microinsurance customers
Allianz Indonesia has seen another successful year as a microinsurer. In 2008, the company has surpassed the milestone of 1 billion Indonesian rupiah (approx. 65,500 euros) premium income from its microinsurance business, an increase by more than 350 percent year on year.
The number total microinsurance policies quadrupled to more than 178,000 policies compared […]

LOHAS anyone?

LOHAS anyone?
Green is good: according to an Allianz survey, 44 percent of the German population see themselves as LOHAS (Lifestyle of Health and Sustainability) consumers. Women in particular believe it is important to live a healthy and sustainable life. Is this just a flight of fashion or a trend-setting development?
A few years ago, people […]