Financial Services

HSBC Life extends nCov benefit programme to families of policyholders

Policyholders and families will receive complimentary benefits starting 1 February.

HSBC Life extends nCov benefit programme to families of policyholders

Policyholders and families will receive complimentary benefits starting 1 February.

Banks urge Hong Kong staff to work from home after travels from China

Global banks are stepping up their measures amidst the coronavirus scare.

Sun Life Hong Kong floats new policies against coronavirus

They will be entitled to a waiting period waiver if diagnosed between 24 January to 30 April.

Asian retailers should consider investing in omnichannel experiences to stay relevant

Retailers gearing up for 2020 may have been urged to double down on technology to deliver the elusive optimal customer experience that hits all the...

UBS faces uphill battle to regain ground in Hong Kong after IPO ban

Handed in March last year, the ban was lifted two months earlier than expected.

Hong Kong card payments value to hit $59.6b by 2023

The number of card payments is expected to hit 1 billion in 2020.

ZA Bank offers 6% introductory rate for deposits: report

The virtual bank’s rate is said to have outpaced the big traditional players’ offers.

Economic downturns threaten HSBC profits, restructuring: analysis

Low confidence levels could reduce demand for credit and lending and revenue growth.

Virtual banks to make up 2-3% of total deposits by 2020: report

They are expected to attract “tens and thousands of customers” each.

Approved mortgage loans down 3.9% to $32.6b in October

Mortgage applications also dipped 3.7% to 9,299.

How US Trusts Can Benefit Hong Kong & Singapore Residents

Asset Protection Trusts (APT) can be used by anyone to protect their assets. There are many advantages to using APTs which include shielding assets...

DBS Hong Kong launches fully virtual wealth management account

Customers can now set-up a multi-currency savings and wealth management account through their smartphones.

Tech, real estate deals buck PE decline as Chinese deal appetite falls

Exits are becoming tougher and investors have no choice but hold onto assets as returns decline.

Bank profits may take hit amidst protests

Asset quality will also weaken, according to analysts.

Bank of East Asia forges digital banking partnership with five firms

Customers can apply for loans and purchase products online in these platforms.

AXA Hong Kong's LifeDelight Insurance Plan goes live

The new plan offers life protection up to age 138.

Hong Kong fintech YouTrip obtains principal license from Mastercard

This marks them as the first company in Singapore to obtain a prepaid license from Mastercard.