Hong Kong

HSBC stokes discontent amongst senior staff with pivot to Asia: report

Senior bankers reportedly expect friction with the regional chief, sources said.

HSBC stokes discontent amongst senior staff with pivot to Asia: report

Senior bankers reportedly expect friction with the regional chief, sources said.

Citi appoints co-heads of Citi Global Wealth in APAC

The bank saw record net new money inflows of $20b in the region last year.

Standard Chartered unveils K11 Atelier Priority Private Centre in Hong Kong

It aims to address the specific needs of affluent clients with HK$8m in AUM.

Citi appoints Kartik Mani as the Head of Consumer Banking in Asia

He replaces Gonzalo Luchetti, who is the new head of consumer banking in the US.

Citi Hong Kong installs 360 solar panels on Citi Tower

In 2020, the bank reached its goal to source 100% renewable energy to power local operations.

HSBC floats plan to phase out coal financing by 2040: report

The bank caved to investor pressure that called for the reduction of loans, underwriting services to fossil fuel companies.

Fidelity International launches returner programme in APAC

Returners will get a professionally paid placement of six months.

SFC, Police bust alleged ramp and dump scheme

Twelve members of a suspected syndicate were arrested in the joint operation.

Commerzbank mulls exit from Hong Kong, other Asian locations

Asia sales activities will be bundled in Singapore.

Goldman Sachs Asset Management adds BEA as Hong Kong retail market partner

Local retail investors can now access GSAM’s fund through seven retail distributors.

Pandemic-driven rapid digital growth benefits APAC incumbent banks

Despite the rise in digital banking demand, neobanks’ performances faltered compared to incumbent peers.

Bank of East Asia commences sale of life insurance arm

It hopes to have an agreement for recurrent revenue.

Debates arise on security law's effects on Hong Kong finance sector

Is there really a capital exodus from Hong Kong to Singapore?

Bank of East Asia's CDO joins speakers list for the ABF Retail Banking Virtual Conference

Ronald Fung talks about the expedition of digitalization in HK and globally.