There are many well-known banks to choose from in Hong Kong, and each bank has its own characteristics and advantages. This article will briefly introduce you to the four major banks to open an account in Hong Kong and the relevant steps.

This article introduces four popular deposit accounts offered by HSBC UK, explaining the account opening conditions, process, fees, and other relevant details.

The HSBC ONE account is a free account with no monthly fee and a comprehensive currency account that allows you to hold and exchange 12 major currencies. This article introduces HSBC ONE account features, account opening requirements, process, fees and other information.

In this article, we will introduce the requirements, process and account types of HSBC account opening in Hong Kong, so that you can easily grasp the key information of HSBC account opening.

On October 9, Citigroup China published "Important Notice on Citigroup's Personal Banking Wealth Management Business in Mainland China" on its website.。According to the Notice, Citi has recently signed an agreement with HSBC China to transfer its personal banking wealth management business in Mainland China, including accounts, deposits and related wealth management products (except insurance products) held by individual customers.。Citi said that in April 2021, the company announced a global strategic realignment and transformation, and has withdrawn from personal banking in multiple markets around the world.。The transfer of wealth management business of personal banking in mainland China is part of the strategic adjustment.。Citi expects the transaction to close in the first half of 2024.。In addition, other businesses of Citi China Personal Bank continue to be gradually shut down.。For example, the acquisition does not include the credit card business, but the credit card business is also within the scope of Citi's personal banking strategy and will be closed in the future.。

HSBC raises 2023 guidance on strong results。

On June 8, it was revealed that Standard Chartered was embarking on a cost-cutting programme aimed at cutting the bank's costs by more than $1 billion by 2024.。As part of the plan, Standard Chartered will make "selective" layoffs in central Singapore, London and Hong Kong.。