Hong Kong
Hong Kong publishes guidelines for virtual banks in Smart Banking push
The central bank is aiming to award licenses towards the end of the year.
Hong Kong publishes guidelines for virtual banks in Smart Banking push
The central bank is aiming to award licenses towards the end of the year.
Transact with BOCHK ATMs using finger authentication
Bank of China (Hong Kong) Limited’s finger vein authentication offers an answer to the rising security threats looming over Asian retail banking.
ICBC (Asia) ramps up digital investments for cross-border finance
The bank has tapped on Huawei for its growing IT infrastructure needs.
HSBC ramps up senior hiring for APAC equity business
The move is part of the bank’s restructuring business.
China's payment giants try to conquer Asia's banking scene
Alipay's aggresive Southeast Asian foray is making banks nervous.
China Everbright Bank taps on Alibaba's Ant Financial for fintech programme
The tech firm will help the bank develop cloud platforms and AI applications.
Hong Kong loses to Singapore in managing the assets of the world's wealthy
However, a growing preference of China’s HNWI for closer wealth managers is fast narrowing the gap.
Can Hong Kong steal the wealth manager crown from Switzerland?
The banking secrecy capital's dominance has been on a steady decline since 2010.
Fintech loan platform pushes to be Hong Kong's first licensed virtual bank
WeLab is backed by financial heavyweights like Alibaba and IFC.
Hang Seng Bank rolls out AI chatbot for business banking
The virtual assistant BERI will be available on the bank’s website and mobile app.
Hong Kong banks face heightened risks from close Chinese ties: Fitch
The credit rating agency noted that China's governance standards are lower than Hong Kong's.
Hong Kong banks authorised to apply fintech in credit assessment
Instead of collecting income proof, banks may use big data and other fintech.
Citi to link open API technology with five companies
The partnership would result in streamlined retail and insurance purchases.
Hong Kong loan growth extends climb after rising 15% in March
This represents the fourteenth consecutive month of double-digit annual growth.
Hong Kong amends bank disclosure rules to meet Basel III standards
It enhances transparency and comparability requirements.
Hong Kong loans up 3.6% in Q1 amidst intensified construction activities
On a monthly basis, loans for use also inched up 1.2% in March.
Hong Kong banks lift time-deposit rates amidst expected rate hikes
Standard Chartered and ICBC raised time-deposit rates to more than 2%.
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