Hong Kong
Hong Kong hospitals, banks embrace relaxed data transfer rules
Hong Kong hospitals, banks embrace relaxed data transfer rules
Whilst not mandatory, they could simplify data exchange with cities in South China.
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly.
Airwallex Capital launches Airwallex Yield for asset management
The service was first introduced in Australia.
HK central bank, banking assoc express support for banking integrity charter
The HKMA and HKAB co-hosted the launching ceremony with ICAC.
Hang Seng has approved $60m of SME loans with HKMA’s account data sharing model
Customers can authorize Hang Seng to directly retrieve info and data from other participating banks.
Hong Kong Fintech Week 2024 kicks off on 28 October
InvestHK expects to draw about 30,000 attendees from 100 economies across the globe.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
DBS Hong Kong names Kuok Khoon Hua as independent non-exec director
The appointment is effective 7 October 2024.
BNY names ex-HSBC banker as head of APAC corporate trust
Jamie Pratt will lead, develop, and execute BNY’s corporate trust strategy.
Bank of East Asia, UDPN test stablecoin transfers via digital currency wallets
BEA was able to gain insights on CBDCs and the mechanism of stablecoins.
Hong Kong deposits see modest growth in August, up 1.1% YoY
Year-to-date, total deposits have grown by 5.0%.
ZA narrows net loss, sees 46% net revenue rise in H1
Total assets and net interest margin grew during the first half of 2024.
Hong Kong rate cuts provide ‘modest’ relief to borrowers
Banks in the city still face profitability pressures, CRE-related woes.
EFG Bank clinches three Citi bankers to bolster Hong Kong operations
Seamus Yin, Miao Miao, and Lianghan Chen all previously worked at Citi Private Bank.
Hong Kong banks can handle CRE risks: analyst
They’ve been implementing measures to lower China-related property exposures.
ZA Bank unveils foreign exchange time deposit
Users can access it via the deposit page in the ZA Bank app.
Dah Sing Bank warns against fraudulent Facebook, website
The bank has reported the case to the Hong Kong central bank and police.
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