Hong Kong
Hang Seng Bank restructures business, will cut 1% of core staff: report
Hang Seng Bank restructures business, will cut 1% of core staff: report
An earlier report said that the bank is cutting 10% to 50% of staff in some teams.
1 day ago
Hong Kong’s card receivables down 5.8% to $19.5b in Q1
Delinquent and rescheduled ratio was 0.42% as of end March 2025.
1 day ago
Hang Seng Bank launches cross-boundary wealth centre at Central branch
The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers.
4 days ago
DBS Hong Kong unveils new membership tier for treasuries clients
Clients can enjoy brokerage fees starting at just 0.1%.
OCBC starts AI stock adviser using data on 4,000 stocks
AI Oscar uses more than a decade's worth of data to predict equity prices.
ZA Bank reports HK$548m net revenue and narrows losses by 42%
Net interest income is 86% higher in 2024.
Hong Kong deposits up 0.8% in March
HKD and total deposits rose, but renminbi deposits declined.
Hong Kong mortgages in negative equity rose to over 40,700 in March
The three-month delinquency ratio rose slightly.
Hang Seng Bank rolls out payroll perks for savings-focused users
They do so to achieve financial flexibility, said Hang Seng Bank.
Standard Chartered names Andrea Casati as head of client dev’t for global banking
Casati will be based in Hong Kong.
Dah Sing Bank warns against seven fraudulent websites
Customers are reminded to check the URL and look for a secure padlock icon.
Bank of America appoints Phil Carmalt as head of APAC GPS
Carmalt joins from DBS Hong Kong.
Hang Seng Bank, Mastercard launch new multi-currency debit card for businesses
It offers instant debit, secure exchange rates, and free transaction fees.
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.
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.
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.
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”.
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