Hong Kong
Why the hybrid work model is here to stay for banks
Why the hybrid work model is here to stay for banks
Banks stand to lose on cost savings and even on attracting talent if they stubbornly push for the return of pre-pandemic work set-up.
Balancing regulatory drivers and customer experience in financial institutions
The event will bring together experts from LexisNexis Risk Solutions and the city’s leading financial players.
Hong Kong’s Airstar Bank pilots corporate banking services for SMEs
The pilot trial is open to 100 small and medium enterprises.
Chart of the Week: Hong Kong card payments value to grow 4.4% in 2021
This comes after two years of decelerating growth due to trade tensions, protests, and the pandemic.
Citi APAC rolls out gender diversity program for investment, securities arm
The program’s 50 top candidates will have the chance to be recruited by the bank.
Airstar Bank launches 24-hour FX trading service
Customers who complete FX transactions worth HK$50,000 in total until 31 May will receive an HK$100 rebate.
HSBC stokes discontent amongst senior staff with pivot to Asia: report
Senior bankers reportedly expect friction with the regional chief, sources said.
Citi appoints co-heads of Citi Global Wealth in APAC
The bank saw record net new money inflows of $20b in the region last year.
Standard Chartered unveils K11 Atelier Priority Private Centre in Hong Kong
It aims to address the specific needs of affluent clients with HK$8m in AUM.
Citi appoints Kartik Mani as the Head of Consumer Banking in Asia
He replaces Gonzalo Luchetti, who is the new head of consumer banking in the US.
Citi Hong Kong installs 360 solar panels on Citi Tower
In 2020, the bank reached its goal to source 100% renewable energy to power local operations.
Hong Kong's ZA Bank crosses 300,000 users, 4% of city's population
The bank has given HK$650m in loans.
HSBC floats plan to phase out coal financing by 2040: report
The bank caved to investor pressure that called for the reduction of loans, underwriting services to fossil fuel companies.
HKB Technology Excellence Awards 2021 opens doors for nominations
The deadline for nominations is on 25 June 2021.
The search is on for HKB International Business Awards 2021
Deadline for nominations is on 25 June 2021.
Fidelity International launches returner programme in APAC
Returners will get a professionally paid placement of six months.
SFC, Police bust alleged ramp and dump scheme
Twelve members of a suspected syndicate were arrested in the joint operation.
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