Hong Kong
Hong Kong and China amongst the most vulnerable to a banking crisis
Hong Kong and China amongst the most vulnerable to a banking crisis
Hong Kong has one of the worst credit-to-GDP gaps globally.
Citi Private Bank names Catherine Cheung as Asia Pacific strategist
She will be based in Hong Kong and report to Ken Peng, Citi Private Bank’s Asia Pacific chief investment strategist.
Mobile wallets dominate Hong Kong payments in early 2018
Even though half of consumers encountered difficulties with the mobile app.
Hang Seng Bank unveils mobile security key to enhance e-banking services
It will replace customers' need for a physical security device.
BEA HK's profits ballooned 151.1% YoY to $1.19b
The disposal of Tricor Holdings accounted for a third of the profits.
Hang Seng Bank's profits rose 23% YoY to $2.56b
Net interest income also increased thanks to a steady loan pipeline.
ICBC Hong Kong's loan growth to boost earnings by 10%
Demand for project financing and mortgages will push loans up.
Hong Kong banks' prime rates will not immediately rise after Fed hike
Banks have enough money to delay its implementation.
HSBC kickstarts RMB remittance from Hong Kong to China
This is after China eases cross-border RMB transaction policy for individuals.
Hong Kong banks bust out the chatbots
Digital savvy clients may soon prefer to interact more with chatbots.
Hang Seng Bank unveils 1-year fixed-rate mortgage plan
It offers a rate of 1.68% per annum.
Big Hong Kong banks lock mortgage rates amidst Fed hike worries
HSBC and BOC locked their rates at 1.68% which is lower than the industry standard of 2.15%.
SFC slaps Credit Suisse with $39.3m penalty
The bank self-reported its various internal control and systems failures to the regulator.
Hong Kong banks may need to lift deposit and interbank lending rates
No thanks to higher funding required for retail deposits.
Deustche Bank appoints Aleksandar Pfajfer as managing director, head of lending & deposits in APAC
It also names Tony Tan as director, head of strategic lending in Asia and head of lending Southeast Asia and South Asia.
Hong Kong banks to benefit from HKMA's proposed loss-absorbing capacity rules
These will facilitate loss absorption and recapitalization in case of bank failure.
Standard Chartered unveils mortgage plan with fixed rate
The plan has a fixed rate of 1.68% p.a. for the first year.
Thought Leadership Centre
In Association with
Most Read
1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. Malaysia fines Maybank Islamic for info submission lapses 3. Malaysia fines two banks for non-compliance with AML/ CFT requirements 4. HSBC Malaysia penalized $690,000 for customer screening non-compliance 5. Citi nabs BofA banker to lead Chinese banking operationsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?