Hong Kong to end deposit-taking companies as part of reform to simplify banking structure

The HKMA is cutting the city’s existing three-tier banking system into two as part of its biggest reform in four decades.

Hong Kong to end deposit-taking companies as part of reform to simplify banking structure

Hong Kong to end deposit-taking companies as part of reform to simplify banking structure

Hong Kong to end deposit-taking companies as part of reform to simplify banking structure

Hong Kong to end deposit-taking companies as part of reform to simplify banking structure

Hong Kong to end deposit-taking companies as part of reform to simplify banking structure