HK heralds online banking era with StanChart JV, two others as new entrants

Hong Kong has issued online-only banking licences 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 lenders.

from Reuters: Money News https://ift.tt/2UV9uxP
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