As instructed, Tsou went to Shenzhen to open a bank account on October 30 and transferred HK$420,000 there the next day. He was also told to enter his personal information and the account details as well as the password on a website. Tsou then received a ... ( read original story ...)
Seven impressive new analysts joining Hong Kong investment banks next year
http://news.efinancialcareers.com/hk-en/264815/credit-suisse-graduate-hiring-asia/ Senior investment banking jobs may still be under threat in Hong Kong, but global banks are generally keeping their graduate intakes steady for 2017. Many final-year ... ( read original story ...)
U.S. should have joined China-led infrastructure bank-Trump adviser
HONG KONG A top adviser of U.S. President-elect Donald Trump lashed out at the Obama administration for failing to embrace the China-led Asian Infrastructure Investment Bank (AIIB), suggesting a possible policy shift when Trump takes office in January. ( read original story ...)
British banker ordered food for victim during HK double murders-prosecution
The court heard on Tuesday that Jutting called his boss at the Bank of America in Hong Kong before he called the police and warned them that its reputation was at risk, defence lawyer Tim Owen said. The trial, which is in its second week, has attracted ... ( read original story ...)
Hong Kong's perfect location is going to boost fintech growth
The first is a collaboration with the Hong Kong Applied Science and Technology Research Institute to set up its own Fintech Innovation Hub. This will be equipped with all necessary systems and support resources to allow those in the banking and payment ... ( read original story ...)
Hong Kong reacts to Trump: 'The world could become chaoti…
Reactions in Hong Kong to Donald Trump's election victory run the gamut from disappointment to approval of his business savvy. ( read original story ...)
Hong Kong regulator says investors can expect to see more IPO sponsor probes
HONG KONG Nov 9 Hong Kong's top markets enforcement official said ... The disclosure came days after Swiss bank UBS also said the SFC is investigating its role as sponsor of certain unnamed stock market listings in the city. (Reporting by Michelle Price ... ( read original story ...)
Hong Kong Country Retail Banking Market Snapshot Research Report by Radiant Insights
“Retail Banking Country Snapshot: Hong Kong 2016” reviews the retail banking sector in Hong Kong, with a particular focus on the current account, savings, mortgage, and personal loans markets Hong Kong’s retail financial services landscape is very ... ( read original story ...)
Former Bank of America Banker Found Guilty of Murder in Hong Kong
HONG KONG—A former Bank of America Corp. banker charged with the brutal killing of two Indonesian women was found guilty of murder in a case that laid bare the divisions in Hong Kong’s foreign community between elite expat finance professionals and an ... ( read original story ...)
Eight former Hong Kong bankers now making their mark in fintech
But fintech also faces serious challenges in Hong Kong. A February report from EY ranked it last among seven main fintech hubs around the world. And as we noted in September, family and economic pressures mean too many banking professionals fear moving ... ( read original story ...)
How Hong Kong killer Rurik Jutting went from prep school and Cambridge to cocaine binges, violent porn and a place in criminal history
Now a financier with the Bank of America Merrill Lynch, he sported a bloated face and lank hair having been transferred from London to Hong Kong, where he spent his time in the company of young Asian sex workers. He would not be the first British banker to ... ( read original story ...)
Banker Convicted of Hong Kong Murders — WSJ
Former Bank of America trader is sentenced to life for killing two women By Julie Steinberg in Hong Kong and Jenny Strasburg in London A former Bank of America Corp. banker charged with the brutal killing of two Indonesian women was found guilty of murder ... ( read original story ...)
Here’s where 12 big global banks in Hong Kong are actually HIRING
To find out we trawled through the Hong Kong careers websites of 12 major US and European banks and allocated their advertised roles into the nine broad sectors in the table below. We then converted these job categories into a percentage of each bank’s ... ( read original story ...)
Former Bank of America Banker Found Guilty Of Two Murders, Jailed For Life
Two years ago we reported the shocking story of then-29 year old Hong Kong-based, Bank of America banker Rurik Jutting, who was arrested in connection with the grisly murder of two prostitutes. One of the two victims had been hidden in a suitcase on a ... ( read original story ...)