Lower fees, snazzy branches: Hong Kong banks gird for online-only onslaught
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HONG KONG (Reuters) - Hong Kong's biggest banks are set to cut fees, boost digital services and jazz up branches with features such as touch-screen display panels to meet competition from new online-only lenders in one of the world's most profitable banking markets.As many as eight so-called virtual, or online-only, banks are set to be launched in the Chinese territory this year, posing the biggest challenge in years to a stronghold for lenders including HSBC and Standard Chartered .The..