Hong Kong
Standard Chartered HK to increase mortgage interest rate
The changes will take effect today, 21 November 2011 - but how much will the increase be?
Standard Chartered HK to increase mortgage interest rate
The changes will take effect today, 21 November 2011 - but how much will the increase be?
Citi appoints Munir Nanji as regional head for Bank Services Group Asia Pacific
Munir will continue to report to Anthony Nappi, Managing Director, Region Head, Asia Pacific, Global Transaction Services.
Asian banks rely on block deals to revive equity capital markets
There have been three block deals worth more than $2b in the past week.
Alireza departs Goldman after 19 years
Yusuf Alireza is leaving Goldman Sachs after 19 years with the company.
Hong Kong’s forex reserves reach US$281 B in Oct.
Hong Kong’s foreign currency reserve assets reached 281.7 billion U.S. dollars by the end of October, 2011, up 4.1 billion U.S. dollars compared to the end of September.
HSBC appoints Henry Hou as head of Energy Solutions Sales
Before joining HSBC, Hou served in a number of roles at China's State Administration of Foreign Exchange for 11 years.
What you need to know about the new appointments of BNP Paribas' AsiaPac management team
The three new senior appointments of BNP Paribas Wealth Management will give an added boost to the bank’s growth strategy for the region.
Julius Baer appoints Kaven Leung as CEO North Asia and deputy CEO Asia
He will also be Chief Executive of the Hong Kong branch as of 19 April 2012, but is still subject to regulatory approvals.
HSBC launches insurance business in Beijing
HSBC Life’s bancassurance business handles insurance portfolios with an average case size of RMB100,000.
Citi appoints Andrea Fletcher as Global Equities Client Management Head
Andrea will report to David Covin, Global Head of Investor Sales Client Strategy and Business Development.
Mainland exposure to rise to 35% of Hong Kong banks by 2012
Concerns of rising exposure are indeed valid as HK banking assets' exposure was only 24% at end-June 2011 and 10% at end-2008.
Société Générale appoints Yann Garnier as Head of Asia Pacific Sales
Yann is also appointed as Head of Interest Rates and Forex Derivatives business for Asia Pacific.
HSBC appointed joint bookrunner for New World Development rights issue
The bank will also act as joint underwriter in the rights issue of about HKD11.33 billion.
Hang Seng Bank joins Dow Jones Sustainability Asia Pacific Index
The lender is the first in Hong Kong to be recognized by the Global Reporting Initiative standards.
Asia joins in on global uprising against Wall Street
Protestors rallied in Hong Kong and Tokyo in support of the Occupy Wall Street demonstrations that began last month in New York.
Hong Kong hails new RMB rules
The promulgation of the Notice on Cross-border Renminbi Foreign Direct Investment by the Ministry of Commerce, and the Renminbi Foreign Direct Investment Settlement Rules by the People's Bank of China has been welcomed by Hong Kong.
HSBC custodian unit appoints Aaron Ng as Asian senior product manager
Former NAB banker will be tasked to develop market and product strategy for the region.