Tag: banking

Former Hong Kong financial secretary Antony Leung Kam-chung says he has high hopes that the next government can achieve much under a new leader. “I feel hopeful about the new government. I think the government under Ms Carrie Lam Cheng Yuet-ngor’s ... ( read original story ...)

The Hang Seng Index closed 1.4 per cent or 337.1 points down at 23,924.5, catching up with the losses in the mainland market on Friday and Monday when the Hong Kong market was closed ... that the branch had forged bank notes worth 3 billion yuan (US$ ... ( read original story ...)

(The following statement was released by the rating agency) TAIPEI/HONG KONG, April 09 (Fitch) Fitch Ratings has today assigned Bank of China Ltd.'s (BOC) proposed long-term notes issued under its medium-term note (MTN) programme an expected Long-Term ... ( read original story ...)

Chinese artist and activist Ai Weiwei says that HSBC has turned down his request to open a bank account in Hong Kong. “I’m in Hong Kong, trying to open an account at HSBC,” wrote Ai on Instagram on Tuesday. “My request was refused due to a ... ( read original story ...)

One of the world's largest banking and financial services organisations, the Hongkong and Shanghai Banking Corporation (HSBC) is working to develop infrastructure in markets where it operates. HSBC's export and specialised finance team arranges export ... ( read original story ...)

How Hong Kong bankers work the room. http://news.efinancialcareers.com/hk-en/214166/10-tips-to-make-recruiters-chase-you-with-brand-new-banking-jobs/ Banks in Hong Kong are in cost control mode – they are trimming bonuses and cutting senior roles. ( read original story ...)

According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our ... ( read original story ...)

Hong Kong stocks swung from gains to losses in early trading on Tuesday, as investors returned from the Easter holiday break. The Hang Seng Index opened slightly higher but soon reversed direction, tumbling 0.5 per cent or 111.81 points to 24,149.85 ... ( read original story ...)

Financial services firms comprise of the weakest performers, with Fukuoka Financial Group (-1.68%), Chiba Bank Ltd (-1.56%), and Concordia Financial Group (-1.52%) registering sharp declines. Hong Kong: Hang Seng-Down by 0.21% to 24,261.66 Computer ... ( read original story ...)

Fiji beat South Africa 22-0 at the Cathay Pacific / HSBC Hong Kong Sevens and claimed their first tournament victory of the season. The Olympic Champions, unbeaten all weekend, scored four tries in the final as a weekend of pulsating rugby came to a ... ( read original story ...)

With Deloitte as one of the Big Four auditors, the Hong Kong Monetary Authority (HKMA) and the region’s top five banks have officially launched a Blockchain platform for trade finance. Earlier this month, HSBC, Bank of China, Bank of East Asia, Hang Seng ... ( read original story ...)

Shares in Hong Kong banks sagged in Wednesday trading after the city’s government brought in new measures to try and rein in runaway house prices. On Tuesday the financial hub’s leader Leung Chun-ying announced that local first-time buyers would be ... ( read original story ...)

Hong Kong — The Hong Kong Monetary Authority said on Tuesday it had ordered the local branch of private bank Coutts to pay a fine of HK$7m ($900,800) for breaching anti-money-laundering and counterterrorism rules. The authority said the move followed an ... ( read original story ...)

April 13 Hong Kong Finance Group Ltd : * Loan agreement was entered into between hk finance as lender and customer d as borrower * HK finance granted a secured loan in principal amount of hk$20.0 million to borrower for a term of twelve months Source text ... ( read original story ...)