Hong Kong
Pandemic-driven rapid digital growth benefits APAC incumbent banks
Despite the rise in digital banking demand, neobanks’ performances faltered compared to incumbent peers.
Pandemic-driven rapid digital growth benefits APAC incumbent banks
Despite the rise in digital banking demand, neobanks’ performances faltered compared to incumbent peers.
Bank of East Asia commences sale of life insurance arm
It hopes to have an agreement for recurrent revenue.
Debates arise on security law's effects on Hong Kong finance sector
Is there really a capital exodus from Hong Kong to Singapore?
Bank of East Asia's CDO joins speakers list for the ABF Retail Banking Virtual Conference
Ronald Fung talks about the expedition of digitalization in HK and globally.
Hang Seng Bank adjusts branch hours
From 14 September, street-level branches will be open from 9AM-4:30 PM on weekdays.
Amidst a crisis, Hong Kong's Mox Bank sees boundless opportunities
The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.
HSBC slammed anew over treatment of democracy-linked clients
Next Media execs were reportedly unable to access their HSBC accounts.
Citi Treasury and Trade appoints new APAC trade head
Citi Treasury and Trade Solutions has appointed Kanika Thakur as Asia Pacific trade head, effective immediately, according to a press release. She succeeds Vishal Kapoor, who was named head of treasury and trade solutions for Citi Hong Kong earlier in 2020.
Citibank unveils bank-to-bank money transfer service
It will facilitate easier transfers from other banks to Citibank accounts.
Bank of East Asia posts 53.2% profit jump to HK$1.5b
Lower impairment losses in Mainland China caused the surge.
Mastercard Business extends freebies to Hong Kong cardholders
Clients are eligible for up to 30% discounts on select digital tools and services.
The Bank of East Asia, Ltd. hailed at the ABF Awards
The bank was recognised for their all-round achievements in full-year results, client segment growth, digital development, and their strategic alliance.
HSBC extends PayMe solution to convenience store chain Circle K
PayMe has also launched a new QR feature for payments.
InvestHK floats fast-track fintech programme
Up to 90 firms could get funding and partnership opportunities with large corporates and investors.
Hong Kong banks move to avoid US sanctions
At least one US bank has suspended accounts linked to affected officials.
Hong Kong show growing preference for professional financial advice
But family remains the top source of advice amongst wealthy residents.
Hong Kong regulators pacify fears after US sanctions
"Unilateral sactions" has no legal status in the city, the HKMA said.