Hong Kong

Walter Liu appointed as new American Express’ head of Asia Region

He will manage American Express teams across Hong Kong, Taiwan, Singapore, and Thailand.
2 hours ago

Walter Liu appointed as new American Express’ head of Asia Region

He will manage American Express teams across Hong Kong, Taiwan, Singapore, and Thailand.
2 hours ago

Hang Seng Bank prime lending rate unchanged at 5.625%

The HKD bonus interest rate was also unchanged.
2 hours ago

Bank of China HK’s prime, savings deposit rate unchanged

Those with a daily account balance of HK$1m or above will get a bonus 0.001% bonus rate.
6 hours ago

Hong Kong’s Fusion Bank launches business banking services for SMEs

Until 31 December, new customers may be exempt from account opening fees.
3 days ago

China supports HK's bid for international finance hub status

The bank provided conducive factors through its policies.
4 days ago

UBS’ takeover of Credit Suisse ‘insignificant’ to HK’s banking sector: HKMA

The total assets of Credit Suisse’s HK branch represent less than 0.5% of the local banking sector's.
4 days ago

China reopening to lift Hong Kong banks’ earnings: Fitch

Fitch Ratings expect higher net interest income and NIM. 

DBS’ Lareina Wang on why role models matter to women in banking

Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.

Hang Seng Bank celebrates 90th anniversary

A celebratory event was held with Hong Kong’s chief executive and the bank’s chairman and CEO.

HSBC launches RewardCash-based e-shop for Hong Kong Visa platinum cardholders

They can now ship at Watsons, PARKnShop, and Fortress with their RewardCash.

Citi names Stella Choe as APAC head of new Global Network Banking

GNB brings together relationship managers across Citi’s different banking businesses.

Bank of East Asia launches Mainland account opening service for Hong Kong residents 

The service is offered in 15 designated BEA branches across Hong Kong.

Citi Hong Kong to buy 106.4 million kWh renewable-sourced electricity

The deal is estimated to reduce carbon emissions by 41,496 tonnes.

HSBC welcomes Hong Kong’s HK$100m bid to attract family office

Hong Kong is aiming to attract 200 family offices to set up shop in the city by 2025.

Hang Seng Bank’s profits down 27% to HK$10.16b in 2022

The bank has announced a fourth interim dividend of HK$2 per share.

Hong Kong launches consultation for virtual asset trading platforms

The SFC is seeking views on whether to allow license platform operators to serve retail investors.

Cards maintain dominance in Hong Kong's payment landscape

Over nine in 10 consumers use cards as their payment method.