Hong Kong
BOCHK warns customers against phishing messages, fake app
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.
Hong Kong’s livi bank launches game-changing app for SMEs
Going fully digital on opening accounts and approving quick loans to SMEs raises ‘livi Business’ disbursements to over HK$70m (US$8.9m) as of end-April.
Hong Kong mortgage loans down 21.2% in April
The number of mortgage applications also dropped by 27.6% to 8,368 applications.
HSBC unveils new measures to support Hong Kong, mainland startups
A specified lending fund was increased to $3b.
Hang Seng, Mastercard to launch the MMPOWER touch card
Cardholders can earn up to 5% +FUN Dollars whilst spending online and offline.
ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp
ING also acted as the sole finance adviser for the issuance's sustainable tranche.
Hang Seng Bank appoints Kathy Cheung as chief risk and compliance officer
She was formerly chief risk officer for HSBC Hong Kong.
Hang Seng warns customers of faux Instagram account
This is the fifth time in May that Hang Seng Bank warned of a fake account.
Hong Kong’s SFC to allow crypto trading
Final guidelines for crypto investment will become effective starting 1 June 2023.
Hang Seng says ‘be vigilant’ of new deceptive sites
Fraudulent websites may display the bank’s logo.
Hong Kong’s ZA Bank floats virtual asset trading services
The virtual bank also mulls launching US stock trading services in due course.
Hang Seng organises $100m social loan for Unistress
This funding will entail establishing schools for children and transitional homes for low-income households.
HSBC appoints Wing Tai Properties CEO as independent non-executive director
Cheng has also been named to HSBC’s remuneration committee and risk committee.
Bank of East Asia to open select HK branches seven days a week
Cash transactions will not be available during the weekends.
Fubon Bank, blockchain firm Ripple to explore real estate asset tokenisation in Hong Kong
They are aiming to make release of equity swifter and more efficient.
Hang Seng Bank, Visa to test CBDC use cases in Hong Kong
The three will collaborate to explore the feasibility of tokenised deposits.
Bankers face sluggish hiring market, layoffs in Hong Kong
Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. ANZ names Stephen White as group executive operations 3. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 4. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs 5. Citi nabs BofA banker to lead Chinese banking operationsResource Center
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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?