Hong Kong
DBS’ Lareina Wang on why role models matter to women in banking
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.
Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre
The 10,000-square-foot space is staffed by senior bankers and specialists.
BOCHK adds UBS green investment fund to mobile platform
The fund has a 6% per annum dividend distribution and allocated 20/80 in stocks and bonds.
DBS appoints Sebastian Paredes as head of North Asia
Paredes will continue in his role as CEO of DBS Bank (Hong Kong).
Standard Chartered, Allinpay enable Singapore dollar QR payments in Hong Kong
Singapore dollar can now be used to pay in over 30,000 acceptance points in Hong Kong.
Hong Kong’s Mox Bank launch time deposit products with up to 10% interest
New customers who open an account in February will avail an additional 9.7% time deposit rate.
ZA Bank names former chief executive of rival virtual bank as new CEO
Ronald Iu joined ZA Bank’s parent ZA International in February 2022.
Mortgage loans in Hong Kong drops by nearly 10% in December
Loans stood at HK$25.6b during the month, the Monetary Authority reported.
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1. Tighter fintech watch likely after Chocolate Finance fallout 2. Singapore banks’ dividends to weather economic and global trade woes 3. UOB widens sustainable financing access for SMEs 4. YouTrip launches MYR wallet and offers free weekend shuttle service 5. HSBC China unveils wealth centre in HangzhouResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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Why high capital levels are a double-edged sword for Singapore banks