Hong Kong

Hong Kong investment bankers risk losing jobs as banks cut costs: report

About 200 bankers in the city have reportedly lost their jobs in the past year.

Hang Seng Bank warns against phishing email

The emails lead to a fraudulent website that may request their bank or card information.

Hong Kong launches new credit reference operating model

Credit Data Smart will guide the collection of credit as future reference to loan providers.

Endowus launches full-service digital wealth platform in Hong Kong

It is also launching its flagship portfolios in May 2024.

ZA Bank unveils business loan for Global Payments merchants

The virtual bank examines credit health based on business activities, amongst others.

BOCHK warns against phishing website

The fake login page intends to steal customers’ data, BOCHK said.

AMINA onboards clients for crypto financial services

Its initial product offering includes crypto ETPs, dual currency notes, and capital-protected notes.

Citi names Janus Wu as IPB head for Hong Kong

Wu, who was Shenzhen branch manager, has relocated to Hong Kong.

Citi Hong Kong unveils mobile account lock feature

Customers can temporarily disable access to transaction services via the app.

Hong Kong’s ZA Bank kicks off dedicated banking services for stablecoin issuers 

The bank has surpassed $1b in transfer turnover to Web3 clients.

BOCHK's strong profits combats its property loan weakness

The bad loans ratio, whilst rising in 2023, is expected to fall to 0.7% in 2024-2025.

BOCHK warns against phishing email

It advised customers to delete suspicious emails and attachments without opening them.

VP Bank names Will Wang as wealth head in Hong Kong

Wang is also now chief representative of the VP Bank AG Hong Kong Rep Office.

Hang Seng Bank unveils HK$33b SME Power Up Fund

Products include an SME Financing Guarantee scheme and non-collateralized loans.

BEA’s Mongkok Branch open 7 days a week until 30 June

It will be open from 1PM to 5PM on weekends during the period.