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Description: Standard Chartered Bank (Hong Kong) Limited. Our core businesses are Consumer Banking, Business Financial Services and Wholesale Banking - Corporate & Institutional Banking and Global Markets.

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MGIC seeks capital boost as mortgage crisis spawns losses
MGIC Investment Corp. takes a $1.47 billion quarterly loss and moves to boost capital as rising delinquencies and foreclosures take a toll on the mortgage insurer.
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Some banks reportedly seizing Peloton fund assets
Banks owed money by London-based hedge fund Peloton are said to have seized some of its assets after it liquidated one of its funds and disallowed redemptions at another.
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Visa Raises $17.9B In Largest IPO Ever
Visa Inc. raised $17.9 billion to complete the largest initial public offering in U.S. history and help prop up the wobbly financial services industry.
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Don't Rush To Spend That Rebate Check
Most Americans will soon receive rebate checks from the IRS worth anywhere between $300 to $1,200 or more, and many businesses have already launched marketing campaigns hoping to lure those potential customers.
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Conoco Profit Up, Output Down
ConocoPhillips posted a 17% rise in profit, despite lower production and cramped refining margins. Occidental Petroleum's net income jumped 52%.
online.wsj.com