Hong Kong

Bank of Singapore nabs BOCHK banker as market head for GC Hong Kong

Chi brings over 20 years of experience into her new role.

Bank of Singapore nabs BOCHK banker as market head for GC Hong Kong

Chi brings over 20 years of experience into her new role.

2024 Policy Address: Family office policies affirm HK's wealth management hub status

An analyst said the initiatives will boost investor confidence.

2024 Policy Address: Hong Kong to boost offshore RMB business

Plans include upgrading the Central Moneymarkets Unit.

Hong Kong hospitals, banks embrace relaxed data transfer rules

Whilst not mandatory, they could simplify data exchange with cities in South China.

HK central bank, banking assoc express support for banking integrity charter

The HKMA and HKAB co-hosted the launching ceremony with ICAC.

Hang Seng has approved $60m of SME loans with HKMA’s account data sharing model

Customers can authorize Hang Seng to directly retrieve info and data from other participating banks.

Hong Kong Fintech Week 2024 kicks off on 28 October

InvestHK expects to draw about 30,000 attendees from 100 economies across the globe.

BNY names ex-HSBC banker as head of APAC corporate trust

Jamie Pratt will lead, develop, and execute BNY’s corporate trust strategy.

Bank of East Asia, UDPN test stablecoin transfers via digital currency wallets

BEA was able to gain insights on CBDCs and the mechanism of stablecoins.

Hong Kong deposits see modest growth in August, up 1.1% YoY

Year-to-date, total deposits have grown by 5.0%.

ZA narrows net loss, sees 46% net revenue rise in H1 

Total assets and net interest margin grew during the first half of 2024.

Hong Kong rate cuts provide ‘modest’ relief to borrowers

Banks in the city still face profitability pressures, CRE-related woes.

EFG Bank clinches three Citi bankers to bolster Hong Kong operations

Seamus Yin, Miao Miao, and Lianghan Chen all previously worked at Citi Private Bank.