financial institutions

New Business

Salary caps spread in China’s finance sector amid ‘common prosperity’ drive

Several state-backed financial institutions in China have already placed annual salary caps on their senior executives, the Post has learned,…

Read More »
New Business

State Council guideline encourages private investment in China’s railways

China is encouraging private sector participation in its railways as part of efforts to enhance the integration and openness of…

Read More »
Tech

Hong Kong issues generative AI guidelines to banks to avoid bias against consumers

Hong Kong’s de facto central bank is urging financial institutions in the city to follow a new set of guidelines…

Read More »
Tech

HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

The HKMA did not specify the eligible requirements for the GenAI sandbox and its application process, but said these details…

Read More »
New Business

China, Russia eye stronger cross-border payments as sanctions create ‘time bomb’

Zhang said that financial cooperation between China and Russia was an “important component and reliable guarantee” between businesses in the…

Read More »
Back to top button