Chong Hing Bank
Founded in 1948, Chong Hing Bank is a private bank in Hong Kong. It was acquired by the Yue Xiu Group in 2014.
Hong Kong banks ramped up hiring but investment bankers laid off
Hong Kong banks ramped up hiring but investment bankers laid off
Trade and private bankers are most in demand, although banks are cautious.
Hong Kong lenders gear up sustainability initiatives as post-pandemic era dawns
The total combined headcount across 18 banks in the city is down 2,000 from just 12 months ago.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. Malaysia fines Maybank Islamic for info submission lapses 3. Malaysia fines two banks for non-compliance with AML/ CFT requirements 4. HSBC Malaysia penalized $690,000 for customer screening non-compliance 5. Citi nabs BofA banker to lead Chinese banking operationsResource Center
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?