Retail Banking

Hong Kong dollar deposits dipped, whilst foreign deposits rose.

Educators at business schools confirm that students’ career priorities have shifted.

Hang Seng reveals three new service and operational solutions.

The bank has a stable outlook due to its capability to maintain strong credit profiles, including solid capitalisation, funding, and liquidity. 

The case has been reported to the HKMA and the police.

This funding will entail establishing schools for children and transitional homes for low-income households.

The new executive will head its sustainability division.

The HKD savings deposit rate was also adjusted.

Michael Wu Wei Kuo retired as the Independent Non-executive Director.

It is the first cross-boundary wealth management in China.

HKMA and SFC are closely monitoring the situation.

The three-year syndicated loan was 2.25 times oversubscribed.

A possible rate hike in March will also positively affect the bank.

PSBC is one of the largest state-owned banks in China.

Clients can now purchase SC Hong Kong’s wealth management products.

Citi plans to offer around 100 types of wealth products from the mainland.