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 ...

Hong Kong's markets watchdog has fined Hang Seng Bank HK$66.4 million (US$8.5 million) for regulatory failures and overcharging clients. The Securities and Futures Commission (SFC) said on Monday ...

HSBC Asset Management manages about $876bn in investment assets, while Hang Seng Investment Management has $50bn in assets.

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 ...

If approved, the $13.6 billion transaction would delist one of Hong Kong’s largest domestic banks from the Hong Kong Stock Exchange. The Hongkong and Shanghai Banking Corporation (HSBC) has proposed ...

HSBC Holdings Plc has taken the unusual step of getting directly involved in pushing its Hong Kong subsidiary, Hang Seng Bank Ltd., to offload portfolios of bad real estate debt, underscoring the ...

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 ...

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 ...

HSBC will merge Hang Seng Bank's asset management unit ​into its fund business, two ‌people with direct knowledge of the matter said on Monday, after the London-based ​bank took the Hong Kong ​lender ...

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 shares plunged.