Frances Gagua

Hong Kong bankers’ exodus accelerates amidst strict quarantine rules: report

UBS recently shifted to two senior bankers and might move eight more to China.

Hong Kong’s Mox Bank appoints Barbaros Uygun as new CEO

Uygun previously served as CEO of ING Bank Austria.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.

Bank of East Asia warns of fake website

Customers who used the site are advised to report their cases to the police.

Hong Kong’s ZA Bank hits 400,000 users

This is equal to 5% of the city’s total population.

Hong Kong’s ZA Bank launch new credit card repayment feature

Users can pay their credit card bills issued by any bank through ZA Bank, for a period of up to 72 months.

Hong Kong’s Airstar Bank launches pilot trial of SME Easy Pay Loan

After transferring their existing installment loan, customers can enjoy a first 24-month principal payment holiday.

Hong Kong digital life insurer Blue launches outpatient service mobile app

This follows the launch of the Blue WeMedi Outpatient protector plan.

Hong Kong lenders gear up sustainability initiatives as post-pandemic era dawns

The total combined headcount across 18 banks in the city is down 2,000 from just 12 months ago.

Manulife’s cashless day surgery e-service offered at HKBH Ambulatory Medical Centre

HKBH offers a HK$500 electronic coupon to select customers of Manulife. 

Citi rolls out real time liquidity sharing solution in APAC

Treasury teams can mobilize liquidity and fund intraday payments in real-time.

Hong Kong arrests 4 in alleged $155m crypto money laundering case: report

This is the first time that the city detected a money laundering case with cryptocurrency.

Why Hong Kong needs a corporate wellness paradigm shift now

By mid-June of 2021, more than 2.4 billion COVID-19 vaccine doses had been administered to populations in 180 countries, according to data collected by Bloomberg. While that may be encouraging news on its face, a return to ‘business as usual’ remains a distant and uncertain prospect; though COVID transmission rates are down in some countries, they have skyrocketed in others, causing yet more rounds of lockdowns and bringing economic activity to a virtual halt.

HSBC unveils new online trading platform for private bank clients in Asia

Clients can buy and sell securities in 10 markets worth up to US$10m daily.

Growing exodus of junior bankers poses talent shortage for banks in Asia: report

Even raises of up to 30% has failed to stop junior investment bankers from leaving.