Category: FINANCE

Employment opportunities at Hong Kong’s top five banks—Bank of China, Bank of East Asia, Hang Seng Bank, HSBC, and Standard Chartered—surged 43% over the past year, according to recruiters. The de facto ‘big five’ banks collectively advertised ... ( read original story ...)

Hong Kong stocks seesawed in early trading but ended lower on Monday ... to overturn his predecessor’s signature health care policy known as Obamacare. The Hang Seng Index closed 0.7 per cent lower to 24,193.7 on Monday. Last week, the index added ... ( read original story ...)

HONG KONG About 11 Hong Kong-based bankers from Standard Chartered Plc's (STAN.L) (2888.HK) private banking unit, including one managing director, are leaving the bank, a spokeswoman for the lender said on Tuesday. Teresa Lee, managing director of Standard ... ( read original story ...)

HONG KONG: HSBC laid off 120 staff in its technology department in Hong Kong on Monday, part of the bank’s ongoing programme for reducing its global headcount by 25,000 and slash costs. Employees of the bank’s IT department were told that they were ... ( read original story ...)

SINGAPORE Hong Kong-listed aircraft lessor BOC Aviation Ltd (2588.HK) reported a 22 percent jump to record full-year net profit on Monday, supported by growth in global air travel, and signalled an upbeat industry outlook. As airlines increasingly opt to ... ( read original story ...)

If you are tired of remembering, or worse still have forgotten your password, here is something you can bank on – your own voice, as more lenders launch voice biometric identity verification for phone banking. Citibank already has one million customers ... ( read original story ...)

Hong Kong is hoping its professional and financial services will get a big boost when it becomes a member of a Beijing-backed bank created to finance infrastructure across Asia. The Asian Infrastructure ­Investment Bank’s (AIIB) board announced on ... ( read original story ...)

HONG KONG A small electoral college chooses a new Hong Kong leader on Sunday amid accusations of meddling by Beijing, denying the Chinese-ruled financial hub a more populist leader perhaps better suited to defuse political tension. The vast majority of the ... ( read original story ...)

Former finance chief John Tsang, more popular with the densely populated city's 7.3 million people, is expected to get around a quarter of the vote. An evening rally for Tsang on Friday drew thousands who thronged the sidewalks of Hong Kong's central ... ( read original story ...)

* Loan agreements were entered into between HK Finance, a unit of company as lender, and customer a, customer b and customer c * HK Finance granted four secured loans in aggregate principal amount of hk$70.0 million to borrowers for a term of three months ... ( read original story ...)

BOC Hong Kong (Holdings) Limited (stock code "2388") and Bank of China Limited (stock code "3988" and "4601" (Preference Shares)) today jointly announced that the disposal of approximately 70.49% interests in Chiyu Banking Corporation Limited ("Chiyu Bank ... ( read original story ...)

HONG KONG HSBC (HSBA.L) plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the business's regional head said, most of them in the Pearl River Delta, the heart of the bank's growth strategy in China. ( read original story ...)

John Tsang, the former Financial Secretary of Hong Kong, is enjoying himself. It’s a Saturday afternoon in what the territory considers springtime — humid skies grey and heavy with pollution from mainland China; not particularly warm but not really ... ( read original story ...)

Hong Kong’s Securities and Futures Commission has obtained a court order to freeze about HK$2.66 million (US$340,000) in the bank accounts of Heriberto C. Perez Valdes in connection with a suspected Pyramid and Ponzi scheme, the regulator said in a ... ( read original story ...)