Financial Services

HSBC completes renminbi trade settlement in Brazil

The lender has settled in RMB across six continents with the deal in the South American country.

HSBC completes renminbi trade settlement in Brazil

The lender has settled in RMB across six continents with the deal in the South American country.

HSBC appoints Rakesh Bhatia Global Head of Trade and Supply Chain

Michael Young to succeed current Bhatia’s role as lender’s Country Head and CEO in Indonesia.

Bank of Communications to launch HK private banking

The lender sees Hong Kong capable of attracting investors of private trust funds and investment immigration.

HSBC introduces new Private Banking leadership teams

The lender announced replacements of heads of North Asia, South East Asia, and EMEA regions.

Sino-Life launches funeral services deed in Hong Kong

The company to pioneer in HK the service popular in Europe, US and neighboring countries.

HSBC Opens New Business Centre in HK’s SME Hub

The 8,000 square foot facility in Kwun Tong area will offer trade, cash management, financing, investment, insurance and company account services for...

HSBC appoints Sarah Legg CFO for Asia-Pacific

Experience in preparing and implementing international financial regulatory changes earned Legg the position.

HKMA grants banking licence to Bank Julius Baer

The lender has maintained local representative office in 2006 before securing licence 13 October.

HSBC Global Asset Management appoints Joanna Munro CEO Asia Pacific

The lender banks on Munro's 24-year investment and management experience in grabbing opportunities in the region.

Survey reveals high bonus hopes for HK finance professionals

71% expect bonus increase in 2010 and 14% are counting on a 31-50% bonus raise.

Survey shows positive outlook for professionalism of financial planners

More than 90% of participating CFPCM professionals say that they have attained required professional competency.

HSBC unveils financial educational programme for children

Lender educates kids financial literacy through fun e-learning modules, money management guides and piggy bank competition.

ICBC executive faces bribery charges

HK Anti-Graft Agency claims Derick Chan Po-fui received total of HK$3.3mln from United Win major shareholder.

HSBC launches mobile banking operations

Provides instant banking, investment and insurance services as it offer secure internet banking via mobile platform.

Sino-Life subsidiary strikes deal with Chongqing funeral parlor

Strengthens market penetration in Chongqing by providing leading five-star funeral service to the market.

Insurance commissioner helps restore faith in sector

Industry seen to rebound by responding well to government's measures in regaining consumer confidence.

HSBC kickstarts first Middle East RMB trade settlement transaction

Move enabling Middle East businesses to settle payments in RMB, unleashing opportunities for Asia expansion.