HSBC, known in banking circles as “Honkers and Shankers”, is well-acquainted with geopolitical scrutiny. Formed as the Hong Kong Shanghai Banking Corporation in 1865 when the territory was still a ...
HSBC investors demand greater focus on Asia under new boss
However, Asian people are still underrepresented in the upper echelons of the bank. Only a small proportion of HSBC’s current executives are from Asia. David Liao, the co-head of HSBC’s Asia-Pacific ...
Local banks and S’pore, HK police recover more than S$370k for 70-year-old man in foiled scam
SINGAPORE: The police and banks here, together with the Hong Kong police, foiled a “technical support” scam and recovered more than S$370,000 for a 70-year-old victim.
More than S$370,000 recovered after banks, Singapore and Hong Kong police foil scam
The 70-year-old victim divulged his bank credentials to a scammer after being told his computer had been hacked and his bank accounts were used for illegal activities.
Scam alert: fake Post article featuring Hong Kong movie star Donnie Yen promotes online trading tools
Scammers have published a fictitious article with the appearance of a South China Morning Post story and a reporter’s byline to promote two online financial trading apps.
Local banks and S’pore, HK police recover more than $370k for 70-year-old man in foiled scam
Scammers told the man his computer had been hacked and his bank accounts were used for illegal activities. Read more at straitstimes.com.
HSBC, StanChart, DBS tap Golden Week visitors drawn to Hong Kong’s cash-for-residency scheme
“Customers are particularly interested in residency or investment opportunities in the city,” said Winnie Ng, head of distribution sales management, wealth and personal banking at the Hong Kong office ...
Hang Seng Bank floats Q1 dividend of HK$1.2 per share
The payment date is set for 6 June. Hang Seng Bank has announced a first interim dividend of HK$1.2 per share for Q1 2024. The payment date has been set for 6 June, the Hong Kong-baesd bank said in an ...
Hong Kong court overturns convictions of broker and 3 executives in alleged scheme to defraud Convoy of HK$51 million
Court of Appeal clears three executives of two charges of conspiracy to defraud and quashes conviction of fourth defendant.
Bitcoin price plunges below $60K following Hong Kong ETF launch
The launch of bitcoin and ether ETFs in Hong Kong was met with underwhelming interest and the bitcoin price fell shortly afterward.
HSBC CEO To Step Down After Almost Five Years at the Helm of the Banking Giant
HSBC Holdings’ (HSBC) shares rose Tuesday after the London-based bank surprised the market and said its group chief executive (CEO), Noel Quinn, was stepping down after nearly five years at the helm.
SocGen Hong Kong traders left bank after unauthorised bets uncovered, source says
PARIS, April 30 (Reuters) - Two Hong Kong-based traders at Societe Generale (SOGN.PA) , opens new tab left the French bank late last year after the group uncovered a string of unauthorised bets made ...
Deal Analysis: Lianlian Digitech’s HK$657.15m IPO
While a smaller size signalled a yet-to-rebound Hong Kong stock market, Lianlian is the first fintech firm to be approved by the CSRC since its registration-based new rules.
Hong Kong’s negative equity mortgage cases rise to 20-year high
Cases of negative equity in Hong Kong's residential mortgage loans rose 27% in the first quarter from the previous one to the highest in 20 years, the city's de facto central bank said. Hong Kong's ...