Hong Kong
Standard Chartered Hong Kong sets up new entity to support virtual bank ambitions
Standard Chartered Hong Kong sets up new entity to support virtual bank ambitions
Deniz Güven has been appointed as its CEO.
Citi Hong Kong unveils senior appointments to consumer banking unit
The heads of insurance as well cards and unsecured business have been appointed.
Bank of East Asia's half-year profit surges 25.9% to $3.99b
Earnings were boosted by net fee and commission income growth.
Hong Kong central bank slaps $5m fine on Shanghai Commercial Bank over money laundering breaches
SCOM failed to monitor its relationship with 33 customers with suspicious transactions.
Can China's payment titans crack Hong Kong's mobile wallet market?
AlipayHK users have doubled to 1.5 million since March.
Bank of East Asia unveils centralised e-payment platform for merchants
BEA’s ‘i-Payment hub’ can process different payment types in a single device.
Hong Kong's sought-after bank relationship managers demand 30% wage hike
The Greater Bay Area project has fuelled demand for such candidates.
Homeowners to feel pinch as Hong Kong banks hike mortgage rates
BOC (Hong Kong), HSBC and Hang Seng Bank raised rates by 10bp.
Hong Kong banks' loan growth may slow to 5% in H2
Trade tensions and higher interest rates are to blame.
Hang Seng Bank profit surges 29% to $1.61b in H1
Earnings per share hit $6.62 per share.
Hong Kong trails behind Singapore in ease of bank account opening for non-locals
Startups, SMEs, and foreign nationals lament the inefficiency.
Hong Kong bank loans up 0.9% in June
IPO loans worth $1.95b drove lending gains.
Hong Kong's asset and wealth management business hit $24.27t in 2017
The private banking unit and fund advisory business performed strongly.
Citibank Hong Kong boosts API ecosystem with three new partnerships
Watsons, EGL Tours and Fortress will integrate Citi Pay with Points API into their platforms.
Over 60 applicants scramble for a Hong Kong virtual banking license
This includes Standard Chartered Bank and online loan platform WeLab.
Hong Kong's private banking assets hit $7.81t in 2017
More than half of total assets came from overseas locations.
Hong Kong launches Open API framework for banks
The central bank hopes that lenders start deploying open APIs within six months.
Thought Leadership Centre
In Association with
Most Read
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. Visa, USSC Money Services enable Visa Direct for cross-border B2B paymentsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks