Hong Kong
Overcoming Asian fragmentation to improve standardisation and automation
Overcoming Asian fragmentation to improve standardisation and automation
As discussed in a previous post, the fragmented nature of Asia Pacific’s financial services market leads to numerous challenges for banks when trying to create a standardised approach to the processing of corporate actions.
Will Qianhai jeopardize Hong Kong’s position?
In mid-2012, the China’s State Council approved the development of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.
Here's how Hong Kong banks can benefit from the Qianhai opportunity
They can develop these 4 business areas.
3 challenges China banks will face amidst changing external environment
Slowing economy is one.
BEA unveils MPF asset consolidation bonus programme
Bonus may be up to 1.2% of total assets transferred.
Standard Chartered adds Taiwan to RMB globalisation index
RGI increased 65% and hit 1,112 in July.
Citibank unveils exclusive LensCrafters priviliges
Promo runs until 30 November.
Why it's almost impossible for Hong Kong banks to repeat robust 1H13 results
Is it because of more intense competition?
BOCHK posts the strongest results in 1H13
And DBS HK beat other international banks.
Laura Luo is head of Hong Kong China equities at Barings
She comes to Barings from Schroders.
4 highlights of BOCHK's 1H13 results revealed
Fee income was up a robust 23%.
Hong Kong banks' deposits back on a growth trend
System deposits in July rebounded 1.5%.
BOCHK's profits jumped 18% to HK$11.7b
Boosted by low-base effect.
BOCHK expected to report 1H13 profits of HK$11.3b
It's largely flat compared to 1H12.
Wing Hang Bank's strong capital position allows for a dividend payout increase
From 35% for FY12 to 50% by FY15.
Why Hang Seng Bank changed its accounting treatment in Industrial Bank stake
It now reports this holding as a financial investment.
Dah Sing Banking Group reports HK$813m net profit in 1H13
Find out what caused the beat.
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