Citigroup fired an entire team of Hong Kong equity sales traders in 2019 for alleged misconduct. The ensuing regulatory and legal saga spotlights the question: Who should take the blame when banks get ...
Hong Kong needs to nurture insurance talent to rival Singapore and Dubai, CEOs say
Lawrence Lam, Hong Kong CEO at Prudential, says data analysts have become more important than ever in the industry.
HSBC relocates biz dev office at Chittagong EPZ
Limited in Bangladesh has recently opened its newly relocated Business Development Office (BDO) at the Chattogram Export Processing Zone (CEPZ). It arranged an exchange session with customers, which ...
StanChart to hire more wealth managers in Hong Kong, Singapore under US$1.5 billion plan
Standard Chartered will hire more relationship managers in Hong Kong, Singapore and the United Arab Emirates (UAE) as part of a five-year plan to oversee an additional US$200 billion of new money from ...
BOC Hong Kong Posts Strong Q3 2024 Financial Growth
BOC Hong Kong (Holdings) (HK:2388) has released an update. BOC Hong Kong (Holdings) Limited reported a strong financial performance in the third quarter of 2024, with a 10.7% increase in net ...
Profit Taking May Dent Hang Seng’s Upside On Wednesday
The Hong Kong stock market has climbed higher in three straight sessions, collecting almost 380 points or 2 percent along the way.
Hong Kong’s Water World lost HK$200 million last financial year, Ocean Park chairman says
Lawmaker Michael Tien grills chairman Paulo Pong over deficit, calling for government to take over management of Water World facility.
Hong Kong IPO Market to Rally Next Year, Mainland Listings to Stay Stable, Ernst & Young Says
(Yicai) Dec. 3 -- Hong Kong’s initial public offering market will rebound next year, and could return to the top tier of global rankings, while listings on the mainland stock markets will stay stable ...
HKMA’s Money Safe plan set to safeguard Hongkongers’ bank balances from fraud
Additional verification procedures will be necessary to transfer locked-up funds when banks roll out the optional tool next year.
Makeup Artist Mao Geping Close To Becoming A Billionaire Ahead Of Hong Kong IPO
The 60-year-old chairman of the company has amassed wealth of $830 million mostly based on a family stake in Mao Geping Cosmetics Co., according to Forbes estimates.
Hong Kong’s deficit to double to HK$100 billion, finance chief Paul Chan warns
Hong Kong’s budget deficit is expected to double to HK$100 billion this financial year, finance chief Paul Chan has said, citing a property market slump that weighed on government coffers. Chan, at a ...
HSBC plans to withdraw credit card operations in China
reported Reuters In October this year, HSBC Hong Kong became a direct participant in China's international payments system, thereby enhancing its position in trade finance as China seeks to promote ...
Cathay Pacific & HSBC Partner to Produce SAF in Hong Kong
Cathay Pacific, HSBC Hong Kong and EcoCeres join forces to support sustainable aviation fuel (SAF), driving airline decarbonisation in Hong Kong ...
Credit Agricole CIB bolsters Asia expansion from Hong Kong, undeterred by Trump trade war
French banking giant Credit Agricole CIB is committed to using Hong Kong as a base to expand its business in Asia, and those plans will not be affected by Donald Trump's plan to wage a trade war with ...