Tag: finance

Former financial secretary Antony Leung Kam-chung, who is seen as a possible chief executive contender, donated HK$100,000 to a veteran pan-democrat’s Legislative Council election campaign in September. Leung said he gave the money to Democratic Party ... ( read original story ...)

HONG KONG Financial services firms are increasingly turning to digital technology to meet onerous regulatory demands aimed at fighting financial fraud, creating a niche tech market that is estimated to grow to around $120 billion by 2020. Regulatory ... ( read original story ...)

Hong Kong is expected to become a member of the Asian Infrastructure Investment Bank (AIIB) in the near future, the bank’s president Jin Liqun said on Tuesday. Speaking at a business seminar organised by the Hong Kong Monetary Authority (HKMA), Jin said ... ( read original story ...)

HONG KONG Nov 11 Hong Kong's banking regulator received applications from two banks to test emerging biometric technologies under a new regulatory regime, Hong Kong Monetary Authority Chief Executive Norman Chan said on Friday. The banks have applied to ... ( read original story ...)

Think your banking career won’t be affected by Trump’s election if you’re based in Hong Kong or Singapore? Think again. http://news.efinancialcareers.com/au-en/265024/trump-banks-finance-jobs/ You didn’t get to vote for or against him, but if you ... ( read original story ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 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 ...)

“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 ...)

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 ...)