Hong Kong

DBS takes aim at intra-Asian fund flows

It aims to increase offshore renminbi loan books in Hong Kong by 10%.

HSBC appoints Jayant Rikhye as head of international Asia Pacific

He replaces Guy Harvey-Samuel effective 18 March 2013.

StanChart expects doubled profit for wholesale banking division

Targets US$10 billion in profits over the next four years.

Standard Chartered appoints Jeremy Amias as global head of investor coverage

Jeremy joined the bank on March 1 and is based in Hong Kong.

Hong Kong banks' lending to Qianhai to grow gradually in the first 3 years

They are likely to be selective in their lending decisions.

The implications on global 'currency wars' on Asian banks

The growing trend of central banks around the world to stimulate economic growth by instituting quantitative easing is having the effect – either intended or unintended - of rapidly depreciating major currencies such as the Japanese Yen, Chinese Yuan, US Dollar and Euro.

Look at how Asian banks and businesses will suffer from Basel III

Financial institutions received much of the blame for the global financial crisis in 2008. A wave of regulatory reforms in the financial and banking sector have taken place globally since that time in an attempt to address perceived weaknesses in the system.

Small Hong Kong banks dead set on expanding abroad

Blame it on competitive pressure in a mature low interest-rate Hong Kong market.

Mortgage loans in Hong Kong declined 15.9%

Blame it on the property cooling measures.

Hong Kong banks' system deposits up 2.9% in January

Thanks to the 3.6% growth in HK$ deposits.

This is how HKMA's tighter regulations help banks' credit profiles

The more severe 300bp interest-rate stress test is a boon after all.