ZA Bank, the first virtual bank in Hong Kong, has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting as its regulatory reporting software. OneSumX for Regulatory Reporting combines bank data ... ( read original story ...)
HK$310 million Japanese bank swindle biggest of year so far for Hong Kong police’s online crime specialists
The US branch of a Japanese bank has been tricked into transferring HK$310 million (US$40 million) into five Hong Kong bank accounts – one of the city’s biggest email scams of the year. A force ... ( read original story ...)
China bank balance sheets put to test by coronavirus impact
The current sharp economic downturn triggered by the coronavirus pandemic is the worst since China's largest banks adopted new accounting standards in 2018 -- in the case of banks listed in Hong Kong ... ( read original story ...)
China Market Update: Alibaba HK Listing To Get New Shareholder, March Inflation Below Estimate
Key News Shanghai and Shenzhen were off -1.04% and -1.95% on Friday on moderate volume and news Hong Kong-listed China Telecom could be banned from doing business in the US. ( read original story ...)
PPE Donations For Red Bank Police/Fire From Sen. Vin Gopal
Red Bank police and fire received a donation of masks, gloves and hand sanitizer from state Sen. Vin Gopal. Gopal volunteer Kinn Badger of Asbury Park dropping off PPE donations to local hospitals and ... ( read original story ...)
Xiaomi has started testing its virtual bank Airstar in Hong Kong
Details: The pilot allows 2,000 employees from Airstar, Xiaomi, and AMTD Group and their friends and relatives to try out (in Chinese) virtual banking tools and give feedback. Airstar presents itself ... ( read original story ...)
What Can We Make Of Winson Holdings Hong Kong Limited’s (HKG:8421) High Return On Capital?
Today we are going to look at Winson Holdings Hong Kong Limited (HKG:8421) to see whether it might be an attractive investment prospect. To be precise, we'll consider its Return On Capital Employed ... ( read original story ...)
Why a KeyBank commercial banking exec came back to Buffalo
Moskal was in Buffalo for the funeral of his grandfather, a longtime mayor of Sloan. Coincidentally, he got a call from KeyBank N.A.’s Michael McMahon ... ( read original story ...)
Hong Kong airport faces more protest turbulence
HONG KONG — Hong Kong braced for multiple anti-government demonstrations on Friday and a “stress test” of the airport this weekend, as weeks of protest in the Chinese-ruled city showed no ... ( read original story ...)
Hang Seng Bank : Sustainability Report Wins Gold Award in International Competition for Excellence in Annual Reports
Hang Seng Bank's 2018 Corporate Sustainability Report (CS Report ... Interior Design and Interactive Annual Report for banks and financial services organisations in Hong Kong and China. Drawing on the ... ( read original story ...)
Turmoil in Hong Kong’s Streets and Markets Keeps Investors Worried
(Bloomberg) -- Hong Kong’s financial markets are in one of their most volatile periods in years, and signs of a turnaround are few and far between. A brief rebound in stocks is fading as concern grows ... ( read original story ...)
Alibaba is reportedly delaying its multibillion-dollar Hong Kong IPO due to massive protests throughout the city
Alibaba's proposed IPO on the Hong Kong Stock Exchange is expected to raise between $10 billion and $15 billion. ( read original story ...)
HSBC Calls for Peaceful Ways to Resolve Differences in Hong Kong
Photographer: Justin Chin/Bloomberg Photographer: Justin Chin/Bloomberg HSBC Holdings Plc broke its silence on the protests roiling Hong Kong, calling for a peaceful resolution to differences in the ... ( read original story ...)
HSBC, Standard Chartered among banks condemning Hong Kong violence in newspaper ads
Some of Hong Kong’s biggest banks published full-page newspaper advertisements on Thursday calling for the preservation of law and order in the Chinese territory and condemning violence, as ... ( read original story ...)