Hong Kong

Hong Kong’s Airstar Bank pilots corporate banking services for SMEs

The pilot trial is open to 100 small and medium enterprises.

Hong Kong’s Airstar Bank pilots corporate banking services for SMEs

The pilot trial is open to 100 small and medium enterprises.

Chart of the Week: Hong Kong card payments value to grow 4.4% in 2021

This comes after two years of decelerating growth due to trade tensions, protests, and the pandemic.

Citi APAC rolls out gender diversity program for investment, securities arm

The program’s 50 top candidates will have the chance to be recruited by the bank.

Airstar Bank launches 24-hour FX trading service

Customers who complete FX transactions worth HK$50,000 in total until 31 May will receive an HK$100 rebate.

HSBC stokes discontent amongst senior staff with pivot to Asia: report

Senior bankers reportedly expect friction with the regional chief, sources said.

Citi appoints co-heads of Citi Global Wealth in APAC

The bank saw record net new money inflows of $20b in the region last year.

Standard Chartered unveils K11 Atelier Priority Private Centre in Hong Kong

It aims to address the specific needs of affluent clients with HK$8m in AUM.

Citi appoints Kartik Mani as the Head of Consumer Banking in Asia

He replaces Gonzalo Luchetti, who is the new head of consumer banking in the US.

Citi Hong Kong installs 360 solar panels on Citi Tower

In 2020, the bank reached its goal to source 100% renewable energy to power local operations.

HSBC floats plan to phase out coal financing by 2040: report

The bank caved to investor pressure that called for the reduction of loans, underwriting services to fossil fuel companies.

Fidelity International launches returner programme in APAC

Returners will get a professionally paid placement of six months.

SFC, Police bust alleged ramp and dump scheme

Twelve members of a suspected syndicate were arrested in the joint operation.

Commerzbank mulls exit from Hong Kong, other Asian locations

Asia sales activities will be bundled in Singapore.

Goldman Sachs Asset Management adds BEA as Hong Kong retail market partner

Local retail investors can now access GSAM’s fund through seven retail distributors.