Hong Kong
Bank of East Asia posted ~USD780m net profit for FY12
Barclays cites 3 reasons behind the profit beat.
Bank of East Asia posted ~USD780m net profit for FY12
Barclays cites 3 reasons behind the profit beat.
Hong Kong banks' China-related opportunities revealed
Check out what Fitch Ratings predicts.
Hong Kong banks' earnings to only grow 5% in 2013
Blame it on abundant liquidity conditions exacerbated by weaker loan demand.
Hang Seng Bank introduces gold-linked deposits
It’s the first gold-linked deposits since Hong Kong began requiring approvals for structured products in 2010.
Myanmar opens banking sector more to foreigners
Foreign banks could own majority shares in joint-venture banks.
Standard Chartered RMB globalisation index posted a new high in December
Thanks to a rebound in CNH deposits in Hong Kong.
DBS' restructuring in Hong Kong pays off
Net profit increased 25%.
China Big Four’s new loans up from year earlier
Top state-owned banks extend more loans in January.
Deutsche Bank looks to Asia for more profits
Intends to double earnings from the Asia Pacific between 2011 and 2015.
HSBC appoints new head of internal audit
HSBC has appointed Manveen Pam Kaur as Group Head of Internal Audit effective April 1.
RMB deposits in Hong Kong rose by 5.6% to RMB603b
It's 9.1% of total deposits.
Hong Kong banks' system loans up 9.6% in 2012
Thanks to trade finance and China-related lending.
HKMA warns of fraudulent website
Some fraud is pretending to be HSBC.
Hong Kong enhances ATM services security
A new security feature will take effect in March.
Hong Kong banks' trade finance to grow 20% in 2013
It's also expected to be more China-biased.
Hong Kong banks threatened by intensifying competition from foreign banks
Aggressive Chinese banks increased their presence in Hong Kong from 9% to 15%.
China eyes Pakistan microfinance banking model
Pakistan says microfinancing system can benefit China.