Financial Services
Banks join Reverse Mortgage Programme
The programme will provide additional financial planning option for the elderly.
Banks join Reverse Mortgage Programme
The programme will provide additional financial planning option for the elderly.
Ernst & Young appoints Keith Pogson as Asia-Pacific Financial Services Leader
Pogson is the Vice President of the Hong Kong Institute of Certified Public Accountants.
Government secures repurchase deal with Citibank
Repurchase offer’s total value to reach $1.06bn, covering about 92% of Citibank HK customers holding outstanding notes.
$6,000 handout scheme set to kick off
A website in the coming days to provide information on the $38.5bn plan.
ACE Life Hong Kong appoints 4 senior executives
The appointees to fill up the insurer’s agency, marketing, operations and financial departments.
HKMA alerts against fraudulent BOCHK emails
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public in Hong Kong to e-mails purporting to be sent from Bank of China (Hong...
Ernst & Young integrates its Asia-Pacific organization
It will enable Ernst & Young professionals to work seamlessly across borders.
HSBC appoints Rohit Joshi as Head of Global Payments and Cash Management in Singapore
Joshi is moving from Hong Kong where he spent three years as Senior Manager for Commercial Banking.
HSBC Global Asset Management appoints Bill Maldonado as Regional CIO
He will relocate from London to Hong Kong in August 2011. Dr Maldonado oversees the investment strategies in Asia where the firm has US$72 billion of...
Hong Kong launches iBond subscription
Inflation-linked retail bond can be availed by Hong Kong residents through any of the 20 placing banks, securities brokers or the Hong Kong...
Renminbi deposits up 7.5%
Deposits grew to RMB548.8 billion.
Walker Group 2010 profit up 7.6 times to HK$25mn
The company aims to open 150 new sales points to exploit growing market demand.
Warning issued against fraudulent emails
Standard Chartered Bank (HK) has clarified it has not sent the emails to customers.
Plans for Insurance Authority revealed
A licensing regime will be introduced as the authority holds a direct regulatory role over the conduct of insurance intermediaries.
We won't change our best lending rate: HSBC
It remains at 5.00 per cent.
MPF annual average return rate stands at 5.4%
The overall return of MPF has been higher than its annualised inflation rate of 0.8% since 2000.
Is Hong Kong’s banking sector in trouble?
The Royal Bank of Scotland says there is risk of a financial crisis after an extended period of ultra-loose monetary conditions in Hong Kong.
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