Year of the Snake: Hong Kong firms use lai see envelopes as marketing tool in digital era
HSBC and ICBC (Asia) promote milestones using lai see envelopes, while the newly rebranded Hong Kong Gold Exchange sends out ...
Hong Kong’s property distress catching up with city’s banks
Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018.
Year of the Snake: from fireworks to cash, Hong Kong banks vie to lure mainland visitors
With 1.43 million mainlanders expected during the 'golden week', the city's lenders prepare a slew of enticements Hong Kong ...
The Straits Times2d
HSBC to shutter some investment banking units in Europe, US
HONG KONG – HSBC Holdings will wind down some of its investment banking operations in Europe, Britain and the Americas as part of chief executive Georges Elhedery’s ongoing restructuring.
HSBC's global brand in the balance as it doubles down on Asia bet
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
HSBC, Standard Chartered, Bocom can now open mainland China accounts for Hongkongers
HSBC, Standard Chartered Bank, and Bank of Communications (Bocom) on Monday started helping Hongkongers open mainland bank ...
Nikkei Asia2d
HSBC shifts investment banking to Asia, pulls back in West
LONDON -- U.K.-based financial services company HSBC Holdings is forging ahead with a restructuring plan that will downsize ...
Hong Kong’s Property Distress Is Catching Up With City’s Banks
Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Most ...