Hang Seng Bank chief operating officer Vivien Chiu Wai-man has paid HK$40 million (US$5.14 million) for a 1,651 sq ft luxury flat in Happy Valley, joining a growing list of top business executives and ...

Hang Seng Bank, one of the biggest banks in Hong Kong, on Thursday received a proposal from its parent HSBC to take it private. The bank's impairments tied to the city's property sector, which is ...

Hang Seng Bank has a track record of solid profitably and stability. It emerged unscathed from the Asian financial crisis 25 years ago, and from the global financial crisis. Before the pandemic, it ...

Hong Kong’s stock market had its worst day since 2008 this week, with the Hang Seng China Enterprises Index (HSCEI), an index of mainland China companies listed in Hong Kong, closing down 7% Monday ...

On Thursday afternoon, hours after HSBC Holdings announced a plan to privatise subsidiary Hang Seng Bank, the local lender's headquarters in Central was crowded with customers queuing for services.

HONG KONG-(Dow Jones)- Hang Seng Bank Ltd. (0011.HK) said Tuesday the lowinterest rate environment in the U.S. won't last, leaving little room forfurther rate cuts in Hong Kong. The Hong Kong Monetary ...

(Bloomberg) -- HSBC Holdings Plc proposed taking its troubled Hong Kong subsidiary Hang Seng Bank Ltd. private in a deal representing a major bet on the Chinese financial hub. The British lender’s ...

Lower interest rates are expected to have a mixed impact on Hang Seng Bank's 2024 financial performance. There is uncertainty associated with the realization of HSNGF's potential catalysts such as ...

HSBC‘s (HKG: 0005) (NYSE:HSBC) (LSE: HSBA) Hong Kong shares dropped over 7% on Thursday, after the European lender announced plans to privatize its majority-owned local unit, Hang Seng Bank (HKG: 0011 ...

Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial real estate as the city’s economic struggles are starting to spill over on ...

HONG KONG/SHANGHAI, Feb 16 (Reuters) - HSBC HSBA.L plans to tighten risk management at Hong Kong unit Hang Seng Bank 0011.HK due to worries about a potential rise in bad loans amid growing economic ...