Hong Kong
HSBC enhances entrepreneurial wealth proposition in Hong Kong
HSBC enhances entrepreneurial wealth proposition in Hong Kong
It has launched two programmes to support businesses and private banking clients.
Citi launches AI tools for Hong Kong employees
One tool can summarise, compare, and translate multiple documents at the same time.
ZA Bank welcomes passage of Hong Kong stablecoins bill
They are engaged in in-depth discussions with several potential stablecoin issuers.
Gov’t greenlights Stablecoins Bill
The bill is expected to come into effect this year.
Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants
Customers can earn extra +FUN Dollars of up to HK$1,200 in value.
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.
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.
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.
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.