HongKongBizz

Bank of East Asia is at the centre of a proxy fight between unlikely partners: Elliott Associates, the Hong Kong based Li family, Sumitomo and Caixabank from Barcelona. Even if BEA falls on the midterm dragged by the Chinese situation, mild economic data ... ( read original story ...)

The Bank of China and HSBC and other banks are seeking to launch the introduction of the use of the Blockchain for mortgage services in Hong Kong, according to reports in the Financial Times. So far, Bank of China (Hong Kong) has led tests on a ... ( read original story ...)

This cult of amateurism cost Hong Kong’s economy grievously. Cowperthwaite knew nothing about banking – he could not read a bank’s balance sheet – and he wasn’t prepared to learn. He allowed the city’s proliferation of locally-owned banks to ... ( read original story ...)

According to the recently-concluded ‘Digital for Business Market Study’,74 percent of businesses in Hong Kong have “no framework in place to invest in a sound digital strategy.” HSBC Commercial Banking aims to connect businesses with insights ... ( read original story ...)

Is joining Citic the career panacea it appears to be if you’ve just lost your investment banking job in Hong Kong? It would appear to be fortuitous timing for investment bankers in Hong Kong who’ve just been axed by Goldman Sachs or Bank of America ... ( read original story ...)

In our July article (view here), we noted that six months after the coming into force of the Hong Kong Competition Ordinance (“HKCO”), the Hong Kong Competition Commission (“HKCC”) is still in close dialogue with many Hong Kong trade associations. ( read original story ...)

While Goldman Sachs and Bank of America have cut jobs in Hong Kong only recently, layoffs have been taking place throughout the year at other firms. Barclays, for example, culled equities roles back in January. Some foreign banking professionals have ... ( read original story ...)