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Bank of East Asia

Founded in 1918, Bank of East Asia is the largest independent local bank and third largest bank in Hong Kong. It was co-founded in 1918 by Li Koon-chun, grandfather of David Li Kwok-po, who has been its chief executive since 1981.

City’s stuttering economy and technological revolution in financial industry could mean more jobs will go

Are BEA’s mass sackings just the tip of the iceberg for Hong Kong?

Hong Kong lender Bank of East Asia Ltd announced on Thursday it would reduce the size of its brokerage operations in the city, cutting 180 jobs, or 3.8 per cent of its workforce, to reduce costs and consolidate operations amid a downturn in trading volumes on the local stock exchange.

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