Hong Kong
A third of Hong Kong adults to have digital bank accounts in 2025: study
Currently, only 16% or 999,000 people own one.
A third of Hong Kong adults to have digital bank accounts in 2025: study
Currently, only 16% or 999,000 people own one.
Citi rolls out relief measures for APAC customers
The bank is offering waivers for credit card clients and commercial clients.
MUFG names new head of transaction banking for East Asia
Belinda Han previously worked for Standard Chartered Hong Kong and HSBC China.
HSBC shareholders mull action after dividend payout scrapped
British regulators earlier told the bank to preserve capital as buffers.
Bank of China HK's NIM contracts despite cross-border growth
The bank will likely focus on loan mix and deposit adjustment to reduce impact.
Hong Kong banks' asset quality battered by COVID-19 and protests
Exodus of corporate clients, mortgage risks, and dropping credit card use pose a big threat on revenues.
MUFG Bank names Pierre Ferland as co-head of global markets for Asia
He was the former CEO of MUFG Securities Asia.
Xiaomi and AMTD-backed neobank Airstar starts pilot service
It will on-board 2,000 customers from acquaintances and families of staff.
Hong Kong's first virtual bank starts operations
The firm is offering a savings rate of 1% for deposits up to $500,000.
Volatile market tests Hong Kong banks' buffers
Local lenders face losses as stock markets globally fall to bear market.
HSBC names Noel Quinn as CEO
He had been serving as interim chief since August 2019.
HKMA cuts base rate to 0.86%
It had already slashed the rate to 1.5% earlier this month.
Hang Seng Bank to reopen nine branches
Three in Hong Kong Island, three in Kowloon, and three in New Territories.
Citigroup names Loretta Ko as Hong Kong financial institutions head
She was formerly with Banco Santander where she held the same position.
StanChart consortium unveils Hong Kong virtual bank Mox
It will launch Asia’s first numberless bank card when it launches later this year.
Bank of East Asia to review its portfolio
Profits were nearly halved in Q4 2019 due to impairment losses from mainland China.
StanChart's earnings recovery to be delayed by COVID-19: S&P
The group’s target 10% RoTE will likely be delayed beyond 2021.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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