Hong Kong
HSBC inaugurates flagship centre to support SMEs
Lender posted 42% increase in lending to SMEs and 22% growth in deposits.
HSBC inaugurates flagship centre to support SMEs
Lender posted 42% increase in lending to SMEs and 22% growth in deposits.
Archer Daniels Midland to invest in AgBank IPO
The US food giant will invest $200mln alongside Qatar and Kuwait sovereign investment funds and Standard Chartered.
Agricultural Bank to receive Qatar and Kuwait investments
Middle East countries pledge $3.6bln investment in AgBank while Qatar Holding expands portfolio in China.
Citic HK to issue US Dollar subordinated bond
10-year bond released by lender is rated Baa3 by Moody's and BBB by Fitch.
Nomura and MBK Partners discuss KEB bid
Parties in early talks for joint bid for KEB even as ANZ showed interest.
China’s Agriculture Bank IPO targets $28bln
Lender kicked off the pre-marketing process for the $10bln-$15bln from Hong Kong and $8.9bln-$13bln Shanghai IPO.
Study reveals Generation Y worry about financial prospects
74% of Gen Ys have specific saving goals while only 27% have concrete saving plans.
HSBC plans selling private equity units
British bank HSBC is in talks that could lead to five separate management buyouts of its private equity fund management businesses as banks go back to focusing on core operations.
RBS upgrades Asian investment banking with key appointments
Appointments of 4 RBS high calibre heads aimed to provide world class banking in region.
Balance of power swinging back to job seekers
Accountancy & Finance, Banking, and Finance Technology are the skills in demand across Asia.
HSBC launches instant video consultation service for customers
Lender to provide Premier Customers real-time financial advice and assistance from Relationship Managers.
DBS, JCB International ink merchant acquiring services deal
JCB cardmembers enjoy wider card acceptance in Hong Kong, Macau while DBS provides merchant acquiring services.
HSBC launches new investment solution for unit trusts
FundMax enables unlimited transactions and switching between funds for a single monthly fee.
HSBC introduces dedicated zones to China, Taiwan customers
Section will offer account opening, financial planning and other banking transaction facilities.
HSBC has no interest in Korea Exchange stake
CEO Michael Geoghegan no longer showed desire on Lone Star’s stake even as global economy rebounds.
Hang Seng's banker shortage may hamper China expansion
Lender will add personnel in several departments to meet its target 50 China branches.
StanChart first in HK to facilitate renminbi trade locally
Standard Chartered Bank completed the first domestic RMB trade settlement transaction outside Mainland China. It follows the latest elucidation of supervisory principles and operational arrangements regarding RMB business in Hong Kong by the Hong Kong Monetary Authority.
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