Hong Kong
Hong Kong rolls out new measures against fraud and mule accounts
Hong Kong rolls out new measures against fraud and mule accounts
The central bank will roll-out an updated platform for banks to exchange information.
20 hours ago
HSBC Singapore launches premium credit card for wealthy clients
It offers perks such as access to private clubs and members-only lounges in APAC, Europe, and the US.
1 day ago
7 in 10 Hong Kongers pick digital banks for crypto trading on convenience, regulatory concerns
They like the convenience of being able to trade directly using an existing digital bank app.
1 day ago
AXA launches digital insurance with Ant Bank, AlipayHK tie-up
It will use AXA’s portfolio and Ant Bank and AlipayHK’s “E-wallet X Digital Bank”.
2 days ago
Hong Kong banks report better H2 margins despite CRE risks
Margins and income improved in H2 2024 compared to H1..
4 days ago
ZA Bank appoints Calvin Ng as CEO
Ng has been its executive director since September 2022.
Bank of China Hong Kong stays resilient with buffer against CRE risks
S&P anticipates moderately slower asset growth.
Hong Kong banks have enough buffers against commercial real estate strains
But small and midsize banks are likely to experience greater strain due to their higher exposure to commercial property.
OCBC unveils AI stock picker in Hong Kong
AI Oscar will send regular trading ideas on HK stocks via email to customers.
HSBC nabs Deutsche banker for North Asia and HK head of Global Private Banking
She joins from Deutsche Bank.
BEA’s Ivy Chan on managing banking risks and trade war shifts
She never saw her banking job as one with a bias for either men or women.
Hang Seng Bank becomes green partner of HKSTP
They will develop two programmes to promote sustainability in businesses.
More Gen Z Hong Kongers taking up revolving line accounts
New accounts granted to them more than doubled.
Bank of Singapore names new head of Hong Kong’s investment solutions group
Joey Tang worked in the Bank of China (Hong Kong) and Citi prior to joining BOS.
Hong Kong’s uFinance offers student loans to college students
They can borrow up to $21,050 per semester, at an interest rate of 6%.
PAObank secures insurance agency licence
It also inked a deal with China Ping An Insurance and FWD Hong Kong.
Prudential, StanChart cement 25 years of bancassurance tie-up
They have the longest-running bancassurance partnership in Singapore and Asia.
Commentary
Why high capital levels are a double-edged sword for Singapore banks