How and Why to Open a Bank Account in Hong Kong

vvHong Kong today remains one of the best offshore banking jurisdictions. It offers a great combination of bank secrecy, corporate secrecy, a financially and politically stable environment, and strong banks. But perhaps most importantly, it’s a secure offshore investment haven for those who want to diversify out of sinking western currencies into booming Asian markets, and China in particular.

So how can you go about opening an offshore bank account in Hong Kong? Do you have to travel there? This article will answer these questions and give you some practical hints and tips. But first some background.

A Successful Free Market Experiment For East and West Alike

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Careers in Banking and Finance

kA number of banks and financial institutions entered the Indian market in recent years. This sector now requires a lot of technical and administrative staff to further expand their operations. Plenty of jobs are available and the institutions are outdoing the packages they offer in a bid to woo the best candidates to their firm. The banking sector requires people with every kind of skill. They need people who can sell, people who have operational, managerial and IT skills.

Retail banking
A retail banker sells banking products, such as deposits, accounts, mutual funds, loans etc. You should have excellent interpersonal skills, a presentable personality, good communications skills and patience to make a mark in this field. A degree in any discipline is enough for a job as a marketing executive at the entry-level and middle level positions.

Private banking
Private banking is also known as wealth management. It caters to individuals, funds or corporate houses that can invest at least one crore rupees. MBAs with a smart personality and excellent marketing skills can enter this sector.

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Barclays International Personal Banking

bBarclays’ offshore banking solutions are often chosen by British expatriates who already have a business relationship with the bank before they leave the UK and who are aware of the bank’s pedigree and reputation. All in all Barclays offshore banking division services the main requirements of the individual and corporate client, and because Barclays have a good industry recognised reputation from Standard and Poors, Fitch and Moodys their offshore and international client base is apparently growing. The focus of the private and premier banking services available from the offshore division of the bank is the provision of a first class service for the management, protection and growth of a client’s wealth. Barclays International and Private Banking Division offer offshore and private banking solutions to those with cross border needs, the Division is a part of the 300 year old UK based Barclays financial institution. Offshore corporate banking services available from Barclays offer corporate clients or intermediaries the ability to streamline cross border trading and banking.

For expatriates, international business professionals or those with cross border needs who are seeking a straightforward offshore personal bank account, Barclays International Personal Banking from Barclays International and Private Banking Division offers easy and secure access to funds with telephone and internet banking available, discounts on international money transfers, the ability to bank in multiple currencies, international mortgages, UK tax advice, good interest rates and a safe and secure account are also offered and assured. For expatriates, international business professionals or those with cross border needs who are seeking a straightforward offshore personal bank account, Barclays International Personal Banking from Barclays International and Private Banking Division offers easy and secure access to funds with telephone and internet banking available, discounts on international money transfers, the ability to bank in multiple currencies, international mortgages, UK tax advice, good interest rates and a safe and secure account are also offered and assured. Offshore corporate banking services available from Barclays offer corporate clients or intermediaries the ability to streamline cross border trading and banking. In terms of the Barclays’ offshore banking services available, the group offer personal, corporate and private banking solutions as well as a unique international premier banking solutions for those with in excess of GBP 100,000 to bank and invest. For those seeking private offshore banking solutions there is an international private banking division at Barclays and also the aforementioned premier banking solutions which are available to those who require a more personalised banking and investment service from Barclays.

In terms of the Barclays’ offshore banking services available, the group offer personal, corporate and private banking solutions as well as a unique international premier banking solutions for those with in excess of GBP 100,000 to bank and invest. For those seeking private offshore banking solutions there is an international private banking division at Barclays and also the aforementioned premier banking solutions which are available to those who require a more personalised banking and investment service from Barclays. For those seeking private offshore banking solutions there is an international private banking division at Barclays and also the aforementioned premier banking solutions which are available to those who require a more personalised banking and investment service from Barclays. Offshore corporate banking services available from Barclays offer corporate clients or intermediaries the ability to streamline cross border trading and banking. Their relevant corporate products and services include financing, investing, day to day banking and trading – and as with personal Barclays offshore bank accounts, corporate accounts are also safe and secure as Barclays is a bank with an excellent reputation.

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Investing Abroad Successfully

InvestWhat does “investing abroad” means in this time of globalization? Well I have got my answer at the Conference Hosted by Romanian Prime Minister Emil Boc in East Lansing, sponsored by Michigan State University recently. The entrepreneurs around the table had already experienced trade and business in Canada, Mexico, China and South Asia and were interested to prospect Eastern Europe in this case Romania.

Why Romania? The US Department of Commerce handout highlights that the country’ entry into the European Union in January 2007 and the membership in NATO since 2004 made numerous companies from developed countries invest and operate successful subsidiaries in Romania.

Every investor is aware and expects challenges in any foreign market. Like everywhere the problem is not entirely one of money. The European Union has allocated billions of euros to Romania for infrastructure and development. The challenge has been a lack of adequate administrative capacity and skills to plan, budget, obligate and spend funds in an efficient, transparent and effective manner.

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Interested In A Career In Banking? What You Need To Know

cBefore a person can become a banker it’s essential to first determine exactly which sector to work in. If you are thinking of starting a career in this field, you will discover that there are a number of jobs in the banking sector.

Retail or High Street Banking

Most of us are more familiar with this side of banking. There are numerous well-known high-street banking institutions like HSBC, Barclays and Santander, just to name a few. Throughout this banking sector you can many different positions which you could possibly apply for. As an example, within a regular bank you can find cashiers, customer service managers, financial advisors and a branch manager. In addition to the positions at the local branches just about all the banks will maintain regional and head offices throughout the UK and this include lots of jobs ranging from workers in call centre to senior executives.

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