Financial Services

Singapore stands to unseat Hong Kong as RMB trading hub

Singapore has issued full banking licenses to branches of two Chinese Big Four banks.

Genting Hong Kong enters into facilities agreement

The agreement contains a specific performance obligation imposed on the Lim Family.

Check out Hang Seng Bank's third interim dividend

The amount per share will be payable on 13 November to shareholders.

HKEx appoints David Graham as first Chief Regulatory Officer

Mr Graham will oversee its Listing Division among other functions.

Foreign currency reserves reached US$301.2b in September

That is a US$3b increase from August, says the Monetary Authority.

Hong Kong banks major players in China

Hong Kong-based banks now hold over a third of all the profits and assets made by foreign banks in China.

Syndicated bank loans in freefall

Syndicated bank loans in Hong Kong plunged 41% in Q3 to HK$10.5 billion from the HK$17.7 billion in Q2.

Carlson Tong in line as next SFC Chairman

Carlson Tong Ka-shing is to be appointed the next chairman of the Securities and Futures Commission.

HKEx introduces renminbi ETFs

Hong Kong Exchanges and Clearing Ltd has launched the city's first deliverable renminbi or yuan currency futures contract based on the renminbi and...

Hong Kong to launch e-bill payment in 2013

An electronic-bill payment system will greatly facilitate local and cross-border yuan bill payments made by Hong Kong residents.

HSBC expands prime services unit

HSBC Holdings Plc has bolstered its equities and prime services units with the appointment of nine senior executives to its Asia Pacific operations.

Investment-linked insurance: Combining the best of protection and investment

A retirement plan can seem remote and distant for the young. Yet, effective use of wealth management tools and an early start in saving for our...

Huo Yingli joins HKMA

Huo Yingli has been appointed Monetary Authority Senior Adviser at the Hong Kong Monetary Authority.

HKMA repo financing platform has first transaction

J.P. Morgan completes Hong Kong’s first HK$ tri-party repo transaction.

Hong Kong strengthens financial ties with the Mainland

A new securities company is seen as a milestone in strengthening securities cooperation between Hong Kong and China.

The battle for more work-life balance in banking

Banking and work-life balance (WLB) have traditionally been anathema to each other – after all, this is a sector famous for the 80-hour week. But a...