HONG KONG (Reuters) - Swiss private bank Edmond de Rothschild is ... In particular, western banks, battered after the global financial crisis, have faced growing competition from emerging Asian institutions, which have grown their balance sheets and ... ( read original story ...)
Private bank Edmond De Rothschild to close Hong Kong operations
HONG KONG (Reuters) - Swiss private bank Edmond de Rothschild (RLD.S) is closing its Hong Kong operations, the bank said in a statement on Thursday, confirming a Reuters report. The Geneva-based bank and money manager, which had assets of 167 billion Swiss ... ( read original story ...)
London ETO promotes Hong Kong financial services in London
Hong Kong (HKSAR) - The Hong Kong Economic and Trade Office, London (London ETO), promoted Hong Kong's financial services in the United Kingdom (UK) by hosting a reception for the London-Hong Kong Financial Services Forum 2016 on December 6 (London time). ( read original story ...)
With Fintech Rising, Hong Kong-Singapore Rivalry Gets New Twist
(Bloomberg) -- Tax benefits, government help and easy access to regional markets led Joe Seunghyun Cho to choose Singapore as the headquarters for his six financial technology companies, rather than base them in the rival hub of Hong Kong or his native ... ( read original story ...)
HK regulator probes brokers over breach of money-laundering controls
HONG KONG Dec 8 Hong Kong's securities regulator is investigating brokers in the Asian financial hub for suspected breaches of measures to rein in money-laundering, and may levy "tough" sanctions if any are confirmed, it said on Thursday. The Securities ... ( read original story ...)
Hong Kong leadership race unlikely to be ‘gentlemen’s fight’, Rita Fan says amid rift at top of government
The apparent dispute between Chief Executive Leung Chun-ying and finance chief John Tsang Chun-wah over how to handle lawmakers facing disqualification proceedings has affected the government’s image, a pro-establishment heavyweight said on Wednesday. ( read original story ...)
FCA and Hong Kong Monetary Authority sign cooperation agreement
The UK’s Financial Conduct Authority (FCA) and the Hong Kong Monetary Authority (HKMA) have entered into a Co-operation Agreement (Agreement) to foster collaboration between the two regulatory authorities in promoting financial innovation. According to ... ( read original story ...)
The best banking jobs for 30-somethings in Hong Kong
But in reality your scope for making a mid-career move in the current market depends a lot on which part of Hong Kong financial services you’re working in. To help you decide whether your job search will be worth the effort, we compared the amount of ... ( read original story ...)
Exclusive: Edmond de Rothschild to close Hong Kong operations – sources
HONG KONG (Reuters) - Swiss private bank Edmond de Rothschild is closing its Hong Kong operations, according to three people familiar with the matter, more than two decades after it opened shop in the former British territory and as costs in the wealth ... ( read original story ...)
Cocktail party Brits who faced down evil: Their decadent expat lives in Hong Kong ended overnight with Japan's unspeakably savage invasion. Now, 75 years on, the survivors …
Up in the hills towering behind Hong Kong’s skyscrapers, the past occasionally creeps into the present. Rusting Japanese Imperial Army helmets, empty British shell cartridges and belt buckles found nestling in the red clay soil are a poignant reminder of ... ( read original story ...)
Hong Kong's Ocean Park sees record deficit, announces entry fee hike: Report
HONG KONG: Iconic Hong Kong theme park Ocean Park announced an entrance fee hike after recording its first deficit since 2003, local media reported on Wednesday (Dec 7). The park recorded a deficit of HK$241.1 million (S$44.2 million), its largest since ... ( read original story ...)
Hong Kong slips to new low in international ranking for student performance in science
The performance of Hong Kong students in science has dropped to a new low possibly because of a decrease in numbers studying the subject under the new senior secondary school curriculum, according to the results of the latest Programme for International ... ( read original story ...)
Hong Kong Tips – Happy Valley, Wednesday December 7
December 7, 2016 1:30am EST December 7, 2016 2:14am EST News, Horse Racing It's Hong Kong International Jockeys' Championship night so if you're settling in for a punt at Happy Valley, make sure you give yourself every chance of a winning session thanks to ... ( read original story ...)
Hong Kong can expect more economic gloom next year, surveys find
Surveys released by Hong Kong’s largest business chamber and a global body of professional accountants have revealed gloomy times for the city next year due to economic uncertainties and regulatory changes. The Association of Chartered Certified ... ( read original story ...)