Hong Kong
Hong Kong launches Faster Payment System in Smart Banking push
Consumers will soon be able to transfer funds instantly and without cost.
Hong Kong launches Faster Payment System in Smart Banking push
Consumers will soon be able to transfer funds instantly and without cost.
Citi appoints Gonzalo Luchetti as APAC and EMEA head of consumer banking
He is former retail banking head for APAC and EMEA since 2015.
Bank of East Asia steps up tech partnerships to capture Mainland market
The bank has already tied up with four tech companies.
Hang Seng Bank enhances capabilities of AI-powered chatbot
‘HARO’ can now help customers manage their personal finances.
HSBC moves to boost Asian private banking headcount and double client assets
Asia is the next big goldmine for the European lender.
China's ultra rich poised to boost Hong Kong wealth assets by 50% in 2023
HNWIs from the Mainland are edging out AuM from other APAC markets.
Hong Kong banks struggle to plug tech talent shortage
Engineers and developers are all in short supply.
Hang Seng Bank launches all-in-one payment collection service for merchants
Merchants may soon accept several payment methods through one integrated point-of-sale terminal.
Millennials drive Hong Kong's credit card growth as average balance hits $39,000 in Q2
They hold a fourth of the city’s total card balances.
Are Hong Kong lenders under threat as virtual banks zero in on their market?
The HKMA has received 29 applications in the first round of screening ending August 31.
What are the key risks to buoyant Hong Kong banks?
Intricate Mainland ties are both boon and bane.
Hong Kong bank lending slows to 9.5% in July amidst threats of higher borrowing costs
This represents the slowest pace of growth in over one and a half years.
Citi Hong Kong appoints Lawrence Lam as consumer banking manager
He was previously retail banking head.
Standard Chartered Hong Kong sets up new entity to support virtual bank ambitions
Deniz Güven has been appointed as its CEO.
Citi Hong Kong unveils senior appointments to consumer banking unit
The heads of insurance as well cards and unsecured business have been appointed.
Bank of East Asia's half-year profit surges 25.9% to $3.99b
Earnings were boosted by net fee and commission income growth.
Hong Kong central bank slaps $5m fine on Shanghai Commercial Bank over money laundering breaches
SCOM failed to monitor its relationship with 33 customers with suspicious transactions.
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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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