Hong Kong
Are your banking skills in demand?
Demand remains steady for candidates across Asia’s banking and finance sector despite the current global economic conditions. Here Marc Burrage, Regional Director of Hays in Hong Kong, discusses trends and current opportunities across Asia from the latest Hays Quarterly Report.
Are your banking skills in demand?
Demand remains steady for candidates across Asia’s banking and finance sector despite the current global economic conditions. Here Marc Burrage, Regional Director of Hays in Hong Kong, discusses trends and current opportunities across Asia from the latest Hays Quarterly Report.
Moody’s rates Hong Kong’s and China’s banking industry
Ratings agency Moody's Investors Service affirms the stability of the banking system in Hong Kong and China.
ECB’s LTRO program
When you create a loan program to save the EU banks and make its participation voluntary, every one of those 523 banks that participates is basically admitting that they have a problem.
"We are in growth mode for funds services in Asia": Citi's Cheeping Yap
Yap, Citi's new head of fund services, aims to expand Citi's fund services to China and Korea, and change some systems.
Wing Hang Bank profit up 30%
Net profit for fiscal year 2011 was HK$2.1b.
HSBC confident of strong growth in 2012-2013
Year 1 in a three-year strategy that should eventually see HSBC become the world’s leading international bank seems to have gotten off to a galloping start.
Graph of the Week: Higher credit costs to hit Hong Kong in 2012
Blame it on lower global economic activity, weakening domestic property markets, and higher inflation.
Worries over funding costs in Hong Kong loom in 2012
Given the challenges in credit growth and deposit, Fitch warns of some increase in funding costs.
BEA shows its appetite for dim sum bonds
Bank of East Asia Ltd, Hong Kong’s largest independent local bank and third largest bank, expects to issue up to one billion in dim sum bonds this year.
HK's credit card receivables up 10.9% in 4Q
Hong Kong's total credit card receivables went up 10.9 percent to US$13 million in the fourth quarter of 2011 from a year earlier.
Bank of East Asia profit up 3%
Net profit for FY11 was HK$4.36b.
HSBC continues retail banking restructuring
The banking giant sells off four units in just two days.
European funds to continue retreat from Asia
An almost desperate need to bolster their balance sheets will ensure European banks will continue to lose leverage in Hong Kong and the rest of Asia.
European banks slow down lending in ominous omen
European banks have begun lending less to Hong Kong in December, fueling fears the Eurozone contagion could be worsening.
HK Banks resilient: HKMA official
Hong Kong's banks are coping with global economic uncertainty.
Bankers beware: World economy faces catastrophic 2012
Europe stands poised to drag the world into another recession.
Desperation begins to set in as banks continue dumping loan assets
The mighty continue to fall victim to the ever-worsening fund drought.
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