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 ...)
Two banks trialling biometric technology under Hong Kong fintech "sandbox"
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 ...)
Trump: 10 big things he could do to your Asian banking job
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 ...)
Phone scammers cheat student, 18, of HK$420,000, then try to swindle dad of millions more
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 ...)
Seven impressive new analysts joining Hong Kong investment banks next year
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 ...)
U.S. should have joined China-led infrastructure bank-Trump adviser
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 ...)
British banker ordered food for victim during HK double murders-prosecution
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 ...)
Hong Kong's perfect location is going to boost fintech growth
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 ...)
British banker convicted of murder in ‘horrifying’ torture and killing of two women in Hong Kong
HONG KONG — A British banker was convicted of murder Tuesday for killing two Indonesian women in Hong Kong, torturing one of them over three days while using cocaine in a gruesome case that shocked the Chinese financial hub. The nine-person jury returned ... ( read original story ...)
Hong Kong student nurse convicted over multiple knife attacks on married ex-boyfriend
A student nurse who stabbed her married ex-boyfriend seven times and told his mother that he may not return home in one piece was convicted in the District Court on Thursday. Kan Woon-tsz, 29, had denied four counts of wounding with intent and another of ... ( read original story ...)
Hong Kong's economic growth to ease in third-quarter on China slowdown
HONG KONG Hong Kong's economic growth is expected to slow in the third quarter from the second, with weak exports, sluggish retail sales and falling tourist arrivals, continuing to take a toll on the Asian financial centre. The once vibrant city is also ... ( read original story ...)
Hong Kong man in critical state after doctors find air bubbles in artery during treatment
A 49-year-old man has been fighting for his life after air bubbles were found in an artery during a procedure to open it up. The patient attended Tuen Mun Hospital’s medicine and geriatrics specialist outpatient clinic on the morning of October 25 with ... ( read original story ...)
Hong Kong reacts to Trump: 'The world could become chaoti…
Reactions in Hong Kong to Donald Trump's election victory run the gamut from disappointment to approval of his business savvy. ( read original story ...)
How to expand your business into Hong Kong
With its Anglophile population, low tax regime and place atop the world competitiveness rankings, Hong Kong – the special administrative region of China – offers rich opportunity for UK businesses. Experts share the pros and cons of grappling with ... ( read original story ...)