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The Bank of Singapore Names Rickie Chan as CEO for Hong Kong Branch
The Bank of Singapore, the private banking arm of OCBC, has appointed Rickie Chan as the new Chief Executive Officer of its Hong Kong branch. The announcement was made earlier today, confirming Rickie’s additional responsibilities alongside his current Head of
Read MoreJob Cuts Hit Morgan Stanley and HSBC in China and Hong Kong
In a move reflecting the challenging market conditions in the Asia-Pacific region, particularly in Hong Kong and China, global investment banks Morgan Stanley and HSBC have recently implemented targeted job cuts within their investment banking teams. Sources indicate that Morgan
Read MoreMox Bank Names Igor Lau as Chief Customer Officer
Mox Bank has appointed Igor Lau as the new Chief Customer Officer (CCO), effective 1 April 2024. Igor Lau steps into this role with significant industry experience, having served in various capacities within Mox, including a stint as Interim CCO
Read MoreFinancial Secretary Paul Chan Outlines Future Path for Hong Kong’s Digital Economy
During the Perspective and Vision Forum at the Digital Economy Summit 2024, Financial Secretary Paul Chan provided an in-depth look into the commitment of Hong Kong to accelerating its digital economy. His speech outlined several strategic initiatives aimed at integrating
Read MoreCitibank Appoints Janus Wu as Head of International Personal Bank in Hong Kong
Citibank announced that Janus Wu has been immediately appointed as the Head of International Personal Bank (IPB) for Hong Kong. Janus Wu will lead the international personal banking division in his new role as the Head of International Personal Bank
Read MoreIs Hong Kong’s Financial Hub Status at Risk?
Globally, Hong Kong has made its mark as a financial hub alongside Singapore and Dubai. These city-states, while rivals in certain aspects, each present distinct strengths and face unique challenges, embodying the intricate dynamics of both local and global influences
Read MoreCyberport Welcomes New Directors, Retains Key Leaders for 2024-2026
Hong Kong Cyberport has announced the Hong Kong Special Administrative Region (HKSAR) Government’s appointment of three new Directors and re-appoint six existing Directors to its Board from 1 April 2024 to 31 March 2026. The Board welcomes new Directors Nicholas Chan,
Read MoreAnt Group Appoints Han Xinyi as President in Major Organisational Overhaul
Ant Group, a leader in financial technology based in China, is undergoing significant organisational restructuring, which includes the appointment of Han Xinyi as the new President of the company. This information comes from an internal email sent by the group’s
Read MoreHKSTP and HSBC Partner to Strengthen Hong Kong’s Fintech Ecosystem
The Hong Kong Science and Technology Parks Corporation (HKSTP) and HSBC have announced a strategic partnership aimed at fostering innovation and enhancing bank-fintech collaboration. The three-year agreement, marked as the city’s inaugural public-private initiative in this domain, aims to strengthen
Read MoreHong Kong’s Credit Card Bubble – Is Disaster Eminent?
In the pulsating heart of Asia’s world city, against a backdrop where the vibrant skyline mirrors the dynamism of its financial markets, credit cards stand as the undisputed monarchs of the retail payments ecosystem. Commanding a majority share of 51
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