Hong Kong
Citibank to utilize JCB credit cards in 9 Asian countries
Citi will add JCB credit card merchants in nine countries and territories throughout Asia.
Citibank to utilize JCB credit cards in 9 Asian countries
Citi will add JCB credit card merchants in nine countries and territories throughout Asia.
StanChart to employ 2,000 people globally
The lender in a hiring spree amidst job cuts in HSBC and Barclays.
HSBC posts $6.8B first half pre-tax profit in Asia
HSBC's businesses in Asia delivered profits before tax on a reported basis of US$ 6.8 billion in the first half of 2011.
HSBC’s pre-tax profits amount to a whopping US$6.8b in Asia
Hong Kong delivered the highest profit of US$3.1b.
Where to get the best banking and finance jobs in Asia
Demand is rising for banking and finance professionals across most of Asia and here Emma Charnock, Regional Director of Hays, discusses trends and current opportunities across the region from the latest Hays Quarterly Report.
Enhancing fund governance for sustainable growth
While the fund industry witnessed a sharp fall following the financial tsunami in 2008, the impact of the global financial crisis (GFC) seems to have abated. In April this year, the custodian business recorded a historical high in asset under custody of about USD120 trillion, according to Global Custody. But beneath the promising signs of growth lurks mounting pressure on the industry with regulators tightening rules and both investors and regulators demanding greater transparency.
StanChart to replace PCs with iPads
The lender wants to be in the forefront of innovation in banking ease by using more intuitive and user-friendly tablets.
Standard Chartered appoints Darcy Lai as Regional Head
Darcy will head Origination and Client Coverage and was most recently with Barclays Capital as Head of Investment Banking and Debt Capital Markets in Asia Pacific.
Hong Kong banks help provide elderly with financial options
Seven Hong Kong banks joined the Mortgage Corporation’s Reverse Mortgage Programme to help provide elderly with additional financial planning option.
HSBC Global Asset Management names Bill Maldonado as Asia-Pacific CIO
The lender banks on Maldonado to lead the lender’s investment team in Asia, which aim to capture the growing wealth in the region.
Offshore RMB market strengthens HK's status: report
The offshore RMB market will strengthen the competitiveness and status of Hong Kong as an international financial center, according to the Economic Review.
Why are transfer pricing tensions increasing in Asia?
The economic landscape is not looking very promising and transfer pricing audits are escalating in both intensity and frequency. Developed nations are struggling with significant debts and deficits as their economic growth stagnates, while developing nations have now latched onto the idea that they should reap the benefits associated with their low cost bases and their large untapped markets.
HSBC appoints Michael Paulus as Asia Pacific head of public sector
He will be reporting locally to Andrew Zeissink, Head of Financial Institutions Group for Asia Pacific.
Hang Seng Bank expands non-interest income sources
The lender is currently ready to distribute mutual funds is already in talks with fund management companies about possible cooperation.
Is Hong Kong’s banking sector in trouble?
The Royal Bank of Scotland says there is risk of a financial crisis after an extended period of ultra-loose monetary conditions in Hong Kong.
HKMA warns against fraudulent StanChart email
HKMA wishes to alert members of the public in Hong Kong to an e-mail purporting to be sent from Standard Chartered Bank Hong Kong Limited.
NAB names Christine Yates Australia debt market origination head
Yates’ has 15 years of experience in corporate banking, with skills in project and acquisition finance, debt advisory, syndicated loans, corporate bond orgination and institutional relationship banking.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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