Hong Kong
Check out the differences between QE1/2 and QE3 for Hong Kong banks
Barclays expects further capital inflows under QE3 to lead to abundant liquidity in Hong Kong.
Check out the differences between QE1/2 and QE3 for Hong Kong banks
Barclays expects further capital inflows under QE3 to lead to abundant liquidity in Hong Kong.
This is Standard Chartered's $1b cost saving opportunity
It could drive medium-term returns higher.
BOCHK now has less HK$ liquidity risk
Thanks to steady growth in its offshore RMB business.
Why BEA does not need to raise equity capital in the near term
It recently placed 111.6m new shares to Sumitomo Mitsui Bank.
Citigroup to cut more than 11,000 jobs
It plans to shut down 15 branches in Korea and 7 in Hong Kong.
Bank of East Asia places new shares to Sumitomo Mitsui
SMBC's stake will rise to 9.5%.
Wing Hang Bank warns of bogus website copying its eBanking services pages
Beware of the website www1.winghghk.com.
CIMB to do more investment banking in Hong Kong
New strengths allow it to be more competitive.
HSBC to sell its $9.3b stake in Ping An Insurance
Ping An to be divested despite its profitability.
IFC to lend more to Asian banks
International Finance Corporation has US$5 billion to support bank trade financing.
Wing Hang Bank to reward customers with up to HK$1,000
That is for new customers who register to the bank's auto-payroll service.
Bank of China (Hong Kong) to launch private banking services
You’re entitled if you have at least $2 million to invest.
JP Morgan launches direct custody & clearing platform in Hong Kong
Michael Drumgoole was appointed as Asia Pacific head of the business.
Hang Seng Bank to unveil contactless payment service by 1H13
PCCW mobile will be its partner.
StanChart set for another good year
Operating profit grew less than 10%, however.
Islamic finance bill up for approval
Hong Kong takes a major step in advancing Islamic financing.
Hong Kong banks to suffer from profit decline post QE3
Banks will struggle to write new mortgages to offset an annual repayment rate of ~15%.