Financial Services

Hong Kong banks to experience slight jolt from Basel III

Fitch Ratings says Basel III will not significantly alter trade finance growth.

Hong Kong banks to experience slight jolt from Basel III

Fitch Ratings says Basel III will not significantly alter trade finance growth.

Bank deposits rose by a measly 1.8%

Overall foreign currency deposits grew 1.6%.

HKMA warns of fraudulent website

Some fraud is pretending to be HSBC.

Hong Kong enhances ATM services security

A new security feature will take effect in March.

Mortgage loans approved in December down 37.1%

The number of applications fell as well.

HSBC enters bancassurance agreements

These are with AIG Europe and Allianz SE.

Hong Kong's trade-related exposure to China to grow 20% annually: Fitch

Here are more indications that HK's trade finance is becoming more China-biased.

The pressure is up for HK banks

Chinese banks’ assets up 15% in 1H12 from just 9% in 2009.

Delivery man convicted of money laundering

The laundered money was worth HK$13 billion.

Hong Kong is the gateway to China trade: HKMA

RMB trade settlement transactions handled by Hong Kong banks exceeded 2.6 trillion yuan in 2012.

Charting a course for growth

Embarking on the next wave of customer journey.

HSBC insurance products cater to customers’ wealth needs across various life stages

Saving for the golden years remains the principal goal of every one in five persons in Hong Kong. But many are not familiar with retirement products...

Chartis Insurance stands out in Hong Kong

With a client base of more than 120,000 individual customers and 11,000 corporate customers in Hong Kong, Chartis Hong Kong is one of the leading...