Hong Kong

Seven Hong Kong banks joined the Mortgage Corporation’s Reverse Mortgage Programme to help provide elderly with additional financial planning option.

The lender banks on Maldonado to lead the lender’s investment team in Asia, which aim to capture the growing wealth in the region.

The offshore RMB market will strengthen the competitiveness and status of Hong Kong as an international financial center, according to  the Economic Review.

The economic landscape is not looking very promising and transfer pricing audits are escalating in both intensity and frequency. Developed nations are struggling with significant debts and deficits as their economic growth stagnates, while developing nations have now latched onto the idea that they should reap the benefits associated with their low cost bases and their large untapped markets.

He will be reporting locally to Andrew Zeissink, Head of Financial Institutions Group for Asia Pacific.

The lender is currently ready to distribute mutual funds is already in talks with fund management companies about possible cooperation.

The Royal Bank of Scotland says there is risk of a financial crisis after an extended period of ultra-loose monetary conditions in Hong Kong.

HKMA wishes to alert members of the public in Hong Kong to an e-mail purporting to be sent from Standard Chartered Bank Hong Kong Limited.

Yates’ has 15 years of experience in corporate banking, with skills in project and acquisition finance, debt advisory, syndicated loans, corporate bond orgination and institutional relationship banking.

China Everbright Bank Co. is expected to list at the Hong Kong Stock Exchange as early as mid-July.

A new American tax law has the potential to shake-up not just the U.S. tax reporting system, but also the way financial institutions do business globally.

The economist will receive HK$340,000 per year while currently chairing Primavera Capital.

The lender’s introduction of new products to Australia to hedge their currency risk in doing business with China, a major consumer of Australian mineral and energy resources.

The bond issuance could help to expand the bank’s funding sources and lower the cost of funding.

The lender to add 200 employees in China yearly until 2016 and 1,000 in Singapore during the same period.

The lender’s iPhone app now includes stock trading, consumer loan, property loan, and One Touch Service Hotlines features.