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Tag: banking

Posted on 01/11/2024

BOC Hong Kong Boosts Board Effectiveness with Strategic Oversight

BOC Hong Kong (Holdings) (HK:2388) has released an update. BOC Hong Kong (Holdings) Limited’s Nomination and Remuneration Committee plays a pivotal role in shaping the Group’s human resources and ...

Posted on 01/11/2024

BOC Hong Kong Optimizes Risk Management Framework

BOC Hong Kong (Holdings) (HK:2388) has released an update. BOC Hong Kong (Holdings) Limited’s Risk Committee is dedicated to overseeing ...

Posted on 31/10/2024

Hong Kong Finance Group Announces New Loan Agreement

Hong Kong Finance Group Ltd. (HK:1273) has released an update. Hong Kong Finance Group Ltd. has announced a new loan agreement to provide HK$8 ...

Posted on 31/10/2024

Nigeria’s Biggest Bank Opens HK Branch to Capture Asia Trade

(Bloomberg) -- Nigeria’s biggest bank is opening a new branch in Hong Kong in its first step of Asian expansion.

Posted on 31/10/2024

Nigeria’s Biggest Bank Opens Branch in Hong Kong

Nigeria's biggest bank is opening a new branch in Hong Kong in its first step of Asian expansion. Speaking to Bloomberg's Jennifer Zabasajja, Access Bank UK founding chief executive officer, Jamie ...

Posted on 31/10/2024

What do Beijing official Xia Baolong’s Jardine Matheson, HSBC meetings mean for Hong Kong?

Experts weigh in on back-to-back meetings with major British companies and the 'clear message' being sent to the US Meetings between Beijing's top official in charge of Hong Kong affairs and two major ...

Posted on 31/10/2024

HSBC coy on cost savings of revamp as quarterly profit tops expectations

HSBC Holdings beat third quarter profit expectations on Tuesday thanks to rising wealth and wholesale banking revenue, but kept investors waiting for more detail on how a sweeping overhaul of its ...

Posted on 30/10/2024

HSBC will primarily cut senior roles in overhaul of management structure: CEO

The cuts will take place swiftly, with the outcome of the restructuring to be disclosed in February 2025. Read more at straitstimes.com.

Posted on 30/10/2024

Access Bank Speaks on Opening New Office in Hong Kong, US, Shares Plan to Meet New Capital

Nigeria's largest bank is considering selling dollar-denominated securities on the domestic market to finance its expansion plans and meet CBN's capital requirement.

Posted on 30/10/2024

BOCHK first in Hong Kong to integrate with mBridge

Bank of China (Hong Kong) (BOCHK) has become the first commercial bank in the city to integrate with the mBridge platform, having successfully completed its first fully automated transactions for both ...

Posted on 30/10/2024

HSBC’s East-West Division Aims at Efficiency Not Separation, Says CEO

HSBC CEO Georges Elhedery has dispelled speculations that the bank’s new “east” and “west” division restructuring hints at a separation ...

Posted on 30/10/2024

Hong Kong stocks cap longest winning streak in 4 weeks; HSBC rallies to 6-year high

HSBC rose to six-year high after quarterly profit beat analysts’ estimates, helping lift Hang Seng Index in longest winning streak in four weeks.

Posted on 30/10/2024

SGX launches depository receipts for five Hong Kong stocks, including Alibaba, BYD

Tencent, which has a lot size of 100 shares in Hong Kong, has a similar ratio to BYD, at 10:1. Alibaba, which has a lot size of 100 shares in Hong Kong, has a 5:1 ratio; and so does HSBC, which has a ...

Posted on 30/10/2024

Hongkong Land expects $6 billion in proceeds from strategy refocus

Hongkong Land will refocus its activities exclusively on investment properties in key Asian cities and will redirect capital out of its residential or build-to-sell division, it said on Tuesday.

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