Financial Services
KEB opens trade finance center in Hong Kong
KEB opens trade finance center in Hong Kong
A major Korean bank has opened a financial center in Hong Kong for the first time.
Hong Kong Land issues US$500 million worth of 10-year notes
The notes will earn a coupon of 4.5% per annum, tempted already?
HSBC puts on hold plans to transfer to Hong Kong
HSBC plans to stay in London despite the huge expense of doing business in the British capital.
Losing your mobile worse than losing your wallet
It takes just a few minutes for people to realize they have forgotten their mobile phone after leaving home; but it takes in general much longer for...
HSBC to part with subsidiaries in four South American countries
HSBC Holdings is in talks on a possible sale of its operations in Colombia, Paraguay, Peru and Uruguay as part of its global strategy to boost...
HKMA lends a hand to banks burdened by Basel III
The Hong Kong Monetary Authority will allow the city’s banks to use foreign currency liquid assets to meet the liquidity coverage ratio requirements...
HKEx's profit slips 7% to HK$1.15b
Listing fees and income from sales of information were lower than expected, while operating cost rose by 20%.
BOC Hong Kong's pre-provision operating profit up by 27% to HK$6.8b
The reported PPOP figure is 22% higher than operating expenses.
Swiss private bank to do business in Hong Kong
Hong Kong now has 154 licensed banks.
HSBC prices international RMB bond
The transaction, set at a 3% revenue, saw very strong demand from both European and Asian investors.
Do retrenchments loom at global banks in Hong Kong?
Hong Kong saw more investment banking redundancies than Singapore, China, and Australia in the first quarter of 2012.
MIG Bank opens shop in Hong Kong
A Swiss online forex trader has opened a brick-and-mortar office in Hong Kong.
Credit card fees becoming more expensive
HSBC raises fees to over 2.5 percentage points and more leading banks are following suit.
Asian ETFs need more transparency
In August 2011, Chinese Vice Premier Li Keqiang visited Hong Kong, where he unveiled plans to create an exchange-traded fund (ETF) that would allow...
Insurance: A job sector in Asia that is very much alive and kicking
It’s a candidate-led market in this job sector.
China CITIC Bank may have to bankroll again amid new capital rules
CITIC Bank may not have put capital concerns behind it even after raising Rmb26bn funds in 3Q11, says CIMB.
Closer monitoring for short selling
Rules providing for a new short position reporting regime will be gazetted on March 23.
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