Edition:
India

Sumeet Chatterjee

Hong Kong digital banks launch faces delay due to protests: sources

18 Sep 2019

HONG KONG The launch of new online-only banks in Hong Kong is expected to be delayed in part due to anti-government protests in the city, people with direct knowledge of the matter said.

Hong Kong digital banks launch faces delay due to protests - sources

17 Sep 2019

* Digital banking services were to be launched by end of this year

LSE board poised to decide fate of Hong Kong exchange's $39 billion offer

13 Sep 2019

HONG KONG/LONDON/NEW YORK The London Stock Exchange's board will meet in coming days to decide on the Hong Kong bourse's surprise $39 billion takeover proposal, a source close to the British company said on Thursday, as the market poured cold water on the deal.

StanChart eyes $100 billion private bank assets in growth push, to hire bankers

14 Aug 2019

HONG KONG Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years and will hire dozens of bankers in Hong Kong and Singapore towards that goal, a senior executive of the lender said.

Lower fees, snazzy branches: Hong Kong banks gird for online-only onslaught

14 Aug 2019

HONG KONG Hong Kong's biggest banks are set to cut fees, boost digital services and jazz up branches with features such as touch-screen display panels to meet competition from new online-only lenders in one of the world's most profitable banking markets.

HSBC Greater China chief Wong leaves for external role

09 Aug 2019

HONG KONG HSBC Holdings' Greater China Chief Executive Helen Wong is leaving, a bank spokeswoman said on Friday, the second senior departure this week after the ousting of group CEO John Flint.

UPDATE 7-HSBC axes CEO Flint in shock shift to speed up strategy

05 Aug 2019

* Commercial bank head Noel Quinn takes interim CEO role (Adds planned job cuts, paragraph 10)

StanChart warns of trade war, rate risks after profit tops estimates

01 Aug 2019

HONG KONG/LONDON Standard Chartered PLC flagged the tit-for-tat tariff war between China and the United States and an easing monetary policy cycle as potential risks for the Asia-focused lender, even as it managed to exceed first-half profit estimates.

World News