Hong Kong
Hang Seng Bank China Ltd names Ryan Yue Sheng Song as vice chairman and chief executive
Song is also appointed as a member of the Executive Committee of Hang Seng Bank.
Hang Seng Bank China Ltd names Ryan Yue Sheng Song as vice chairman and chief executive
Song is also appointed as a member of the Executive Committee of Hang Seng Bank.
Bank of Singapore appoints Derrick Tan as Hong Kong branch chief executive
Tan is also Bank of Singapore’s global market head for Greater China and North Asia.
Smart card dominance dampens Hong Kong's mobile payments growth
Smaller e-payments players are finding it hard to gain traction against the ubiquitous card.
Hong Kong and China amongst the most vulnerable to a banking crisis
Hong Kong has one of the worst credit-to-GDP gaps globally.
Citi Private Bank names Catherine Cheung as Asia Pacific strategist
She will be based in Hong Kong and report to Ken Peng, Citi Private Bank’s Asia Pacific chief investment strategist.
Mobile wallets dominate Hong Kong payments in early 2018
Even though half of consumers encountered difficulties with the mobile app.
Hang Seng Bank unveils mobile security key to enhance e-banking services
It will replace customers' need for a physical security device.
BEA HK's profits ballooned 151.1% YoY to $1.19b
The disposal of Tricor Holdings accounted for a third of the profits.
Hang Seng Bank's profits rose 23% YoY to $2.56b
Net interest income also increased thanks to a steady loan pipeline.
ICBC Hong Kong's loan growth to boost earnings by 10%
Demand for project financing and mortgages will push loans up.
Hong Kong banks' prime rates will not immediately rise after Fed hike
Banks have enough money to delay its implementation.
HSBC kickstarts RMB remittance from Hong Kong to China
This is after China eases cross-border RMB transaction policy for individuals.
Hong Kong banks bust out the chatbots
Digital savvy clients may soon prefer to interact more with chatbots.
Hang Seng Bank unveils 1-year fixed-rate mortgage plan
It offers a rate of 1.68% per annum.
Big Hong Kong banks lock mortgage rates amidst Fed hike worries
HSBC and BOC locked their rates at 1.68% which is lower than the industry standard of 2.15%.
SFC slaps Credit Suisse with $39.3m penalty
The bank self-reported its various internal control and systems failures to the regulator.
Hong Kong banks may need to lift deposit and interbank lending rates
No thanks to higher funding required for retail deposits.
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