BOC HONG KONG (02388.HK) announced that it has successfully completed the disbursement of its first Islamic syndicated financing project in Brunei, with a size of approximately USD... Open a new ...
HSBC sells U.S. card unit to Capital One for $2.6 billion
August 10, 2011 – HONG KONG (Reuters) - HSBC Holdings plc has agreed to sell its U.S. credit card and retail services unit to Capital One Financial Corp for a premium of about $2.6 billion, as ...
UISEE Debuts in Hong Kong as AI, Autonomous Driving Listings Gain
Chinese autonomous driving company UISEE Technologies has raised about HK$870 million ($111 million) in a Hong Kong initial public offering, adding to signs ...
OCBC Hong Kong to lift wealth RM headcount by 30% as revenue heads for double-digit growth
SINGAPORE] OCBC’s Hong Kong franchise will hire 30 to 50 wealth management relationship managers in 2026, raising headcount by at least 30 per cent as it ramps up its wealth business. The hiring push ...
HSBC launches $4 billion fund to back Chinese clean tech’s global push
The announcement is drawing attention because it comes from one of the world's largest banks at a time when competition over clean-tech leadership is intensifying.
FS meets Swiss financial leaders
Financial Secretary Paul Chan meets representatives from local banks, asset management firms and family offices in Zurich, Switzerland.
Manulife Hong Kong and Macau Announces CEO Succession
His appointment reflects Manulife's strong commitment to talent development, continuity of strategy, and long-term growth in Hong Kong and Macau, and forms part of the Company's succession planning to ...
HSBC CEO says AI will destroy and create jobs, urges staff to embrace change
The world's top financial institutions are increasingly cost sensitive and scrambling to integrate frontier AI models and fend off rising cyber threats.
HSBC chief warns of AI-driven job cuts, urges staff to adapt
Learn more HSBC Holdings CEO Georges Elhedery said AI will remove some positions while also leading to the creation of others, as he called on staff to adjust to the change rather than push back ...
Don’t fight AI, HSBC CEO tells staff as banks begin job cuts
By Lawrence White and Selena Li LONDON/HONG KONG, May 20 (Reuters) - HSBC appealed to staff not to fight AI on Wednesday, saying it would destroy jobs while creating new ones, as banking rival ...
Hong Kong minister touts gold as ‘bridge between conventional and new finance’
Treasury chief Christopher Hui also says city opted against separate regulatory authority for digital assets to support ‘convergence’.
Banking on Hong Kong
China’s big state banks ARE eager to flex their muscles on the global stage, as Industrial and Commercial Bank of China demonstrated last year with its $5.6 billion purchase of a 20 percent stake in ...
HSBC’s CEO says AI will both create and destroy financial industry jobs
Georges Elhedery says HSBC is focused on embracing future challenges, while analysts warn of 7,000 job losses at Standard Chartered by 2030 HSBC's top boss says artificial intelligence will both ...
Chinese High-End Manufacturing Firm Shanghai Top Numerical Control Soars in Hong Kong IPO Debut
Chinese advanced manufacturing toolmaker Shanghai Top Numerical Control Technology surged in its Hong Kong trading debut, as investors continued to be cheered by the boom in the country's technology ...