S&P Global Ratings says it expects the profitability prospects of the biggest banks in Asia-Pacific will ‘remain little changed’ this year, despite an economic slowdown in China and the trade war with the US. Photo: Reuters

As Hong Kong lenders trim staff, prospects tighten for some expat bankers unless they change roles, take a pay cut

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Topic |   Banking & Finance

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S&P Global Ratings says it expects the profitability prospects of the biggest banks in Asia-Pacific will ‘remain little changed’ this year, despite an economic slowdown in China and the trade war with the US. Photo: Reuters
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