Financial Services
HKMA warns of fraudulent website
No, www.winghggroup.com is not the official website of Wing Hang Bank.
4 reasons why Bank of China HK is top man in cross-border RMB business
It finished RMB417b cross-border settlements.
Almost 9 in 10 Hong Kongers admit to having more than 1 bank
They just aren't satisfied.
UBS slammed over alleged misconducts
HKMA probe to investigate.
Bankers protest tough IPO rules
Warn that proposed rules could choke-off investment into Hong Kong.
HSBC to pay US$1.9 billion money laundering fine
Payment to settle probe by U.S. federal and state authorities.
Hong Kong banks poised for mild earnings growth in 2013
Margins will trend lower as yields fall further.
Bank of East Asia injects 111.6m shares to Sumitomo Mitsui Bank Corp
Here are 3 implications.
Guoline Overseas Limited to acquire remaining Guoco shares
Offer price is HK$88 per share.
AAG gets cold feet
Postpones Hong Kong IPO because of challenging market.
Insurance industry reports heartening growth
Gross premiums and underwriting profit rise during the first three quarters.
Insurance premiums surge 10% to $190.1b
Industry is alive and kicking.
Hong Kong to become world's largest financial center by 2017
Jobs boom to fuel rise as World Number One.
Exchange Fund assets slip $34.1b
HKD assets decreased by $22.6b.
Foreign currency deposits up 2.2%
And RMB deposits increased 1.7$ to RMB554.8b.
HKEx gets go-ahead to acquire London Metal Exchange
52-54m shares will be placed.