Financial Services
ING Bank to set up department in Greater China region
It aims to improve cross-border commercial banking services.
Threadneedle appoints June Wong as CEO Hong Kong
Ms. Wong will spearhead the institutional business in the region along with Jon Allen, Head of Institutional, South East Asia.
Less buyers, less loans
The number of new mortgage applications dropped 30.3 percent in June.
China Everbright Bank refutes Goldman Sachs report
The bank said it is not true that its loan-to-deposit ratio had reached 81 percent.
We’ll bear all costs: HSBC
The bank will rectify a design problem with the new HK$100 banknotes.
JPMorgan Chase & Co: Asian market to account for 20% of our global investment banking operations
The projection is within three to five years.
In the dark: HSBC plans launching “dark pool” platform
The new electronic trading platform will allow investors to trade a large amount of stock without revealing trading volume and identities.
ICBC eyes more than $31b profit in 2011
This represents a 21 percent growth compared to 2010.
ACE Life unveils ACE Select Top-Up Medical Plan
The plan guarantees renewal till age 100 at affordable premiums with guaranteed conversion right while offering more comprehensive medical coverage...
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...
BEA Union Investment appoints Eleanor Wan as CEO
Effective today, Ms Wan succeeds Mr Ilex Lam, who joined the Company as CEO in 2007.
HSBC appoints Joseph Jacobelli as global co-head of Cleantech and head of utilities
Based in Hong Kong, he reports to Chris Georgs, Head of Equity Research, Asia Pacific.
China Everbright Bank postpones HK listing once more
Market sources cited market volatility as the culprit.
Group assesses Mandatory Provident Fund withdrawal options
The authority will take note of Hong Kong’s practical operating situation, overseas experience in implementing different withdrawal options and...
Tsang outlines opportunities for Canadian firms in HK
Financial Secretary John Tsang outlined the opportunities for Canadian firms in Hong Kong brought by the latter's close integration with mainland in...
Banks join Reverse Mortgage Programme
The programme will provide additional financial planning option for the elderly.
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