Hong Kong

BEA opens new branches in high-traffic locations

Bank of East Asia opened its Maritime Square Branch and SupremeGold Centre to penetrate high-traffic locations. The branches are located in a large-scale shopping complex above the MTR Tsing Yi Station.

BEA opens new branches in high-traffic locations

Bank of East Asia opened its Maritime Square Branch and SupremeGold Centre to penetrate high-traffic locations. The branches are located in a large-scale shopping complex above the MTR Tsing Yi Station.

Allen Lo appointed UBS Hong Kong CEO

UBS AG appointed Allen LO as Country Head for Hong Kong and Chief Executive of UBS AG, Hong Kong Branch.

Hong Kong citizens: What government scheme?

A Bank of East Asia survey revealed that only 47 percent of respondents have heard of MPF Portability Scheme. Of those, 78 percent knew some details.

HSBC investment experts share market outlook

For the first time in Hong Kong, HSBC Global Asset Management brought together its four investment experts on Brazil, Russia, India and China to share their investment outlook on these dynamic economies.

BEA optimizes returns by streamlining risk process

BEA's new fund serves as an alternative risk management tool for investors in view of the current highly unpredictable investment environment.

Investment classics published for overseas investors

Honglou Fortune and 36 Strategems for Investors, HSBC Jintrust Fund Management Company Limited's investment classics, have been published in English as part of the Wiley Investment Classics series. The books are available in a number of international markets, including Hong Kong, Singapore and the US.

Fund managers bullish on APAC equities in 3Q09

Nine out of 10 fund managers polled in HSBC’s quarterly Fund Managers Survey are holding a positive view on Asia-Pacific ex-Japan equities in the third quarter of 2009, up from 45 per cent in 2Q09.

HSBC launches four new MPF funds

HSBC is expanding its ten-fund SuperTrust Plus scheme with the launch of four new MPF funds as member choice is introduced in Hong Kong, allowing MPF members to choose a service provider for employees' mandatory contributions.

HSBC offers investment choices via new plan

HSBC has launched WealthInvest Insurance Plan, an all-in-one investment-linked insurance plan, in response to customer demand for greater simplicity, flexibility and control to manage their medium to long-term financial goals.

Fubon's net profit for 1H09 down by 60%

Fubon Bank and its subsidiaries reported a net profit of US$13 million for the first half of 2009, with the global financial crisis and the ensuing recession negatively impacting on the Bank's earnings.

HK client sues UBS for $32 million

And it never ends. Just a week after major banks announced they would make good on some Lehman mini bond losses, it has emerged that a 77-year-old lady lost $32 million buying products from a couple of UBS Private Bankers.

Société Générale launches GCM platform in APAC

Société Générale Corporate & Investment Banking is extending Global Capital Markets (GCM) to the Asia Pacific region with the launch of a GCM platform.

BEA China first foreign bank to issue RMB bond in HK

BEA China launched the RMB Retail Bonds in Hong Kong, becoming the first foreign banking subsidiary on the mainland to do so.

Yoon appointed Chairman & CEO of UBS Asia Pacific

UBS appointed Chi-Won Yoon as Chairman and CEO of Asia Pacific and as member of UBS's Group Executive Board, effective immediately. Yoon succeeds Rory Tapner who, after 25 years, is leaving UBS.

HSBC: Investments still draw interest among SMEs

HSBC's survey revealed that almost one in three small businesses in Hong Kong have investments, and nearly 40 percent say they plan to invest in the future.

BEA forges collaboration with Criteria and “la Caixa”

BEA has concluded a series of business cooperation agreements with Criteria CaixaCorp and Caja de Ahorros y Pensiones de Barcelona.

HSBC: More managers bullish on China equities

Seventy-five percent of managers polled in HSBC’s second quarter Fund Managers Survey are holding a positive view towards Greater China equities.