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In August 2010, the Hong Kong Monetary Authority publicly disclosed that CITIC Bank International, Citibank, Fubon Bank, Industrial and Commercial Bank of China, Wing Hang Bank, and Wing Lung Bank were guilty of transferring customer data to unaffiliated parties for marketing purposes.
WeLab Limited is a Hong Kong financial technology company offering a range of services, such as online consumer credit platforms and virtual banking.It was founded in January 2013 by Simon Loong, Kelly Wong and Frances Kang and is best known for being the parent company of WeLab Bank, one of the first virtual banks to be granted a license to operate in Hong Kong.
Tai Sang Bank Limited headquarters. Tai Sang Bank Limited is a licensed privately owned bank based in Hong Kong. [2] The bank was established by Ma Kam-chan, a businessman from Kwangtung (now Guangdong), in 1937 after his family migrated to Hong Kong. Ma went on to serve as the chairman of the bank until he died in 1984.
As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 licensed banks, 17 restricted licence banks and 13 deposit-taking companies in business, constituting ...
Hang Seng Bank Limited ( Chinese: 恒生銀行有限公司) is a Hong Kong-based banking and financial services company with headquarters in Central, Hong Kong. It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, which holds a majority equity interest in the bank. [2]
HSBC is one of the three commercial banks which are authorised to issue banknotes for Hong Kong - the other two being the Bank of China (Hong Kong) and Standard Chartered Bank (Hong Kong). [6] Of the total notes in circulation measured by value, HSBC is the most prolific issuer, its notes representing 67.7% of those in issue.
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