Hong Kong
BEA closes 2021 with 45.8% surge in attributable profits
BEA closes 2021 with 45.8% surge in attributable profits
The bank got a boost from a significant reduction in impairment losses.
Dah Sing Bank announces more temporary closure of branches
The bank recently closed its Causeway Bay branch.
Dah Sing Bank temporarily closes Causeway Bay Branch
A branch staff member tested positive for COVID-19.
Dah Sing Bank shuts down 10 branches amidst rising COVID-19 cases
Customers are urged to visit other open branches or use alternative channels.
Hong Kong is the top international financial centre in Asia—survey
Survey respondents also saw Hong Kong as a gateway to mainland China.
Talent crunch threatens Hong Kong’s financial sector as expats flee: report
Inconveniences in overseas travelling may reportedly turn away much-needed talent.
Hong Kong's ZA Bank can now offer investment services
The license will allow the bank to offer investment services.
Bank of China Hong Kong poised to benefit from GBA: analyst
A possible rate hike in March will also positively affect the bank.
Hong Kong’s livi bank doubles customer base to 200,000 by end-2021
Its buy now, pay later service has received over 60,000 applications.
VP Bank appoints Chris Chee as Chief Risk Officer for Asian operations
He has held leadership positions in RBC Singapore, ANZ, UBS, and DBS.
HSBC grants HK$1b green loan to Chinachem Group
The group plans to cut in half its carbon emissions by 2030.
Standard Chartered completes first trade loan referencing USD SOFR in Hong Kong
The trade loan was for Qatar National Bank.
Goldman Sachs, Amazon launch suite of cloud-based data and analytics solutions
Institutional clients may accelerate time-to-market financial applications.
How Hong Kong’s livi bank aims to make banking more rewarding
They are amongst the first bank in the city to roll-out buy now, pay later services.
Henderson Land secures HK$2.5b green loan from Bank of China Hong Kong
The loan is unsecured and has a tenure of three years.
HKSTP unveils R&D environment for testing fintech innovations
Banks and tech firms can use Fintech Virtual Lab to build and test innovations.
HSBC invests $2b to be a ‘digital first’ bank
Part of that investment means partnering with more fintechs to create digital banking products.
Commentary
Why Asia’s private wealth industry requires a new era of governance
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology