Standard Chartered

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Exclusive | Hong Kong is key to Standard Chartered’s US$200 billion new money goal: CEO Winters

Standard Chartered will invest heavily in artificial intelligence (AI) and hire more wealth managers in Hong Kong and other markets…

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Some Hong Kong banks refuse mortgages for China Vanke’s Le Mont project in Tai Po

Standard Chartered, one of the city’s three currency-issuing banks, and Chong Hing Bank were not accepting mortgage requests from potential…

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Standard Chartered to invest US$1.5 billion in profit-driving wealth business

Standard Chartered, one of Hong Kong’s three note-issuing banks, will invest US$1.5 billion in its wealth-management business over the next…

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Beijing allows Hong Kong banks to issue credit cards on mainland from March 1

Beijing will allow Hong Kong and Macau-domiciled banks to launch a range of services on the mainland including credit cards…

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HSBC, Standard Chartered may post bumper 2024 profits this week, helped by wealth demand

HSBC and Standard Chartered Bank are expected to post bumper profits this week when they kick off the reporting season…

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HSBC cuts rates on fixed mortgages in Hong Kong amid slumping sales

Hong Kong’s largest banks are likely to offer new mortgages to ease the burden on homebuyers amid elevated interest rates,…

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Yuan trade finance rises in Hong Kong as firms seek cost efficiencies amid US-China tensions

The use of the yuan in trade finance is gaining momentum as companies seek cost efficiencies and supply chain diversification…

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Hong Kong keeps base rate steady at 4.75% as monetary policy takes a breather after 3 cuts

Hong Kong’s monetary authority kept its key interest rate unchanged in lockstep with the US Federal Reserve, taking a breather…

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Year of the Snake: from fireworks to cash, Hong Kong banks vie to lure mainland visitors

Hong Kong lenders, intent on enticing visitors from mainland China to open new accounts during the Lunar New Year festive…

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British chancellor angles for reset in relations, trade on China trip

Britain has relaunched a platform for “respectful and consistent” future relations with China, as it tries to cash in on…

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