Hong Kong

SFC, Police bust alleged ramp and dump scheme

Twelve members of a suspected syndicate were arrested in the joint operation.

Commerzbank mulls exit from Hong Kong, other Asian locations

Asia sales activities will be bundled in Singapore.

Goldman Sachs Asset Management adds BEA as Hong Kong retail market partner

Local retail investors can now access GSAM’s fund through seven retail distributors.

Pandemic-driven rapid digital growth benefits APAC incumbent banks

Despite the rise in digital banking demand, neobanks’ performances faltered compared to incumbent peers.

Bank of East Asia commences sale of life insurance arm

It hopes to have an agreement for recurrent revenue.

Debates arise on security law's effects on Hong Kong finance sector

Is there really a capital exodus from Hong Kong to Singapore?

Bank of East Asia's CDO joins speakers list for the ABF Retail Banking Virtual Conference

Ronald Fung talks about the expedition of digitalization in HK and globally.

Hang Seng Bank adjusts branch hours

From 14 September, street-level branches will be open from 9AM-4:30 PM on weekdays.

Amidst a crisis, Hong Kong's Mox Bank sees boundless opportunities

The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.

HSBC slammed anew over treatment of democracy-linked clients

Next Media execs were reportedly unable to access their HSBC accounts.

Citi Treasury and Trade appoints new APAC trade head

Citi Treasury and Trade Solutions has appointed Kanika Thakur as Asia Pacific trade head, effective immediately, according to a press release. She succeeds Vishal Kapoor, who was named head of treasury and trade solutions for Citi Hong Kong earlier in 2020.

Citibank unveils bank-to-bank money transfer service

It will facilitate easier transfers from other banks to Citibank accounts.

Bank of East Asia posts 53.2% profit jump to HK$1.5b

Lower impairment losses in Mainland China caused the surge.

Mastercard Business extends freebies to Hong Kong cardholders

Clients are eligible for up to 30% discounts on select digital tools and services.

The Bank of East Asia, Ltd. hailed at the ABF Awards

The bank was recognised for their all-round achievements in full-year results, client segment growth, digital development, and their strategic alliance.

HSBC extends PayMe solution to convenience store chain Circle K

PayMe has also launched a new QR feature for payments.