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HSBC maintains the HKD Prime Loan Interest Rate at 5.875%.The translation is provided by third-party software. The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy,...
Hong Kong In Hong Kong, this document is distributed by HBAP to its customers for general reference only. HBAP is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this...
In 2003, former Singaporean Prime Minister Goh Chok Tong and former Chinese Premier Wen Jiabao announced the Joint Council for Bilateral Cooperation to promote political and economic cooperation between both countries. Later in October 2008, representatives from the two nations signed the agreement, maki...
Korea, Taiwan, Singapore, and Hong Kong are experiencing shrinking workforces. The shrinking pool of workers in these nations is driving up wage costs. China’s escalating wage costs, in particular, are attributable to its declining working-age population, leading to a lack of affordable labour....
London interbank offered rates, European interbank offered rates and other benchmark interest and foreign exchange rate investigations and litigation Various regulators and competition and enforcement authorities around the world including in the UK, the US, the EU, Switzerland, Hong Kong, Thailand, ...
HSBC is pledging a $6 billion expansion in East Asia, largely through the growth of its wealth management business. In a significant overhaul, it is to relocate key senior staff to its base in Hong Kong, while pulling out of its U.S. retail and French consumer ope...
1. Exchange rate used vs real exchange rate 👎 Calculating the price of an international transfer shouldn’t be complicated maths. In fact, it’s quite easy: Exchange rate spread + upfront fee (to cover costs of your transfer and, maybe, a profit) = what you should pay ...
the sub-prime lender brought it both welcome exposure to the US, as well as invaluable expertise in lending to residents of US trailer parks that the bank could deploy in Asia and the Middle East – where it in fact banked the ruling families of the Middle Eas...
He joined HSBC Group in 2005, and was Group General Manager and Executive Director, Hong Kong and Mainland China, until he assumed his current position in February 2010. Mr. Wong is currently the Chief Executive of The Hongkong and Shanghai Banking Corporation Limited. He is also a Group ...