Hong Kong Grants Online Banking Licenses to Insurer ZhongAn, 2 Bank Joint Ventures

Hong Kong has issued online-only banking licenses to three groups, including joint ventures (JVs) of Standard Chartered and BOC Hong Kong, in what could be the biggest shake up in years in the city’s retail banking sector dominated by old-guard …

from News – Insurance Journal https://ift.tt/2CQP42b