Hong Kong
HSBC eyes $3.5bn total savings
The lender scales down target in retail banking and wealth management after disappointing quarterly earnings.
HSBC eyes $3.5bn total savings
The lender scales down target in retail banking and wealth management after disappointing quarterly earnings.
Investment operations get back to the gym
A new wave of fitness training for investment operations is getting underway. Straight Through Processing (STP) systems achieved a certain level of effectiveness over the last 20 years, but they have been thrown a new set of challenges in recent months. These challenges will inadvertently cause a wholesale review of operating models in asset management business worldwide. With the increasing demand from securities firms for end-to-end STP reviews, SWIFT’s rapidly-growing consulting unit has developed some insight in response to this trend.
New multi-bank solutions for a global banking dilemma
You would have thought we’d have gotten further Ever since the East India Companies of the 17th century, business around the world has been growing more and more international. Customer and supplier relationships are to an ever increasing extent occurring across the borders, often with very broad patterns linking into several markets, the result of modern multinational corporations.
Disaster in Japan: impact on Cash Investment Strategies
Almost a month since the 11 March 2011 earthquake in Japan, and we continue to examine its impact of the damage on industries.
HSBC launches Greater China Exchange Traded Fund
The product provides enhanced access to the potential upside of Greater China as the lender aims to expands Asia-Pacific ETF market.
Hong Kong Monetary Authority gives banks funding plan deadline
Hong Kong banks should submit its plan by the end of the month for HKMA to avoid the risk of credit-fuelled property bubble.
Consumers spending remains strong
Retail sales value growth eased to 8.6% in February, due to the Lunar New Year holidays.
Strengthening China’s Credit Bureau
Limited credit information on borrowers is a key risk facing Chinese banks.
Leveraging new opportunities for managing investments
Companies across Asia are seeing significant increases in the amount of cash they are holding.
Japan quake impact to global economy call for G-20 policy coordination
Asian countries will feel the financial effects of the Tohoku earthquake and tsunami.
More deflation before inflation in Japan
Japan's devastating natural disaster will keep the economy mired in deflation in coming months.
S-REITs poses risk to China
The expansion of the Singaporean industrial real-estate investment trusts (S-REITs) into China poses a number of business risks.
Japan quake impact on cash flows
It is important to continue to monitor relevant properties to determine the impact on profitability and values of Japan CMBS of the March 11 earthquake.
Singapore banking system stable outlook
Moody's says that the outlook for Singapore's banking system is stable, and expects banks to continue to record solid profits during the next 12 to 18 months.
ICICI Bank unveils Cantonese website for Hong Kong
The lender taps potential in its fixed deposit products as their Hong Kong customers continue to explore better returns from long term placement of funds.
StanChart 2010 private bank assets soars 31%
5,000 new client accounts added and the number of relationship managers up 15% to 450 in the same year.
StanChart HK to shell out HK$1.48bn for Lehman-linked product buyers
The lender to repurchase 95% of the outstanding transactions of Lehman Brothers-related notes despite its non-admission of liability.