Hong Kong

China Everbright Bank expects July listing in Hong Kong

China Everbright Bank Co. is expected to list at the Hong Kong Stock Exchange as early as mid-July.

China Everbright Bank expects July listing in Hong Kong

China Everbright Bank Co. is expected to list at the Hong Kong Stock Exchange as early as mid-July.

FATCA: A shake-up in the World of Finance and Banking Secrecy?

A new American tax law has the potential to shake-up not just the U.S. tax reporting system, but also the way financial institutions do business globally.

Hang Seng Bank names Fred Hu non-executive director

The economist will receive HK$340,000 per year while currently chairing Primavera Capital.

HSBC eyes to extend renminbi products to Australia

The lender’s introduction of new products to Australia to hedge their currency risk in doing business with China, a major consumer of Australian mineral and energy resources.

China Minsheng Bank targets issue of $3.15bn bonds

The bond issuance could help to expand the bank’s funding sources and lower the cost of funding.

HSBC needs more than 2,000 new staff in Singapore and China

The lender to add 200 employees in China yearly until 2016 and 1,000 in Singapore during the same period.

Bank of East Asia launches new iPhone app features

The lender’s iPhone app now includes stock trading, consumer loan, property loan, and One Touch Service Hotlines features.

HSBC eyes $3.5bn total savings

The lender scales down target in retail banking and wealth management after disappointing quarterly earnings.

Investment operations get back to the gym

A new wave of fitness training for investment operations is getting underway. Straight Through Processing (STP) systems achieved a certain level of effectiveness over the last 20 years, but they have been thrown a new set of challenges in recent months. These challenges will inadvertently cause a wholesale review of operating models in asset management business worldwide. With the increasing demand from securities firms for end-to-end STP reviews, SWIFT’s rapidly-growing consulting unit has developed some insight in response to this trend.

New multi-bank solutions for a global banking dilemma

You would have thought we’d have gotten further Ever since the East India Companies of the 17th century, business around the world has been growing more and more international. Customer and supplier relationships are to an ever increasing extent occurring across the borders, often with very broad patterns linking into several markets, the result of modern multinational corporations.

Disaster in Japan: impact on Cash Investment Strategies

Almost a month since the 11 March 2011 earthquake in Japan, and we continue to examine its impact of the damage on industries.

HSBC launches Greater China Exchange Traded Fund

The product provides enhanced access to the potential upside of Greater China as the lender aims to expands Asia-Pacific ETF market.

Hong Kong Monetary Authority gives banks funding plan deadline

Hong Kong banks should submit its plan by the end of the month for HKMA to avoid the risk of credit-fuelled property bubble.

Consumers spending remains strong

Retail sales value growth eased to 8.6% in February, due to  the Lunar New Year holidays.

Strengthening China’s Credit Bureau

Limited credit information on borrowers is a key risk facing Chinese banks.

Leveraging new opportunities for managing investments

Companies across Asia are seeing significant increases in the amount of cash they are holding.

Japan quake impact to global economy call for G-20 policy coordination

Asian countries will feel the financial effects of the Tohoku earthquake and tsunami.