Europe's largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating the bank's estimates.
(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 ...
The HSBC share price jumped by over 3% in Hong Kong, reaching a high of $140, its highest level since February 11. It is ...
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, led by chief executive and vice-chairwoman Louisa Cheang, pays close attention to customer behaviour, and this has helped it to prosper in Hong Kong’s highly competitive retail banking ...
Hang Seng Bank’s chief executive, Louisa Cheang, has just come through her second year of running Hong Kong’s quintessential grassroots bank, and things seem to be going swimmingly for the former head ...
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 ...
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 ...
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 ...
Hang Seng Bank has historically had a strong track record of profitability and stability. It emerged unscathed from both the Asian financial crisis and the global financial crisis. Prior to the ...
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