HSBC launches approach to take Hang Seng Bank private
Banking giant HSBC has unveiled plans to take its troubled Hong Kong-listed business Hang Seng Bank private in…
HSBC proposes to privatise Hang Seng Bank by scheme of arrangement
Reinforces HSBC’s strategic priorities and long-term investment in Hong Kong Preserves Hang Seng’s brand, heritage, and distinct customer…
Bank of East Asia profits rise as wealth business offsets bad property loans in Hong Kong
Bank of East Asia (BEA), Hong Kong’s largest family-owned lender, beat expectations with 14 per cent growth in…
Hong Kong leaves base rate unchanged at 4.75% as US Fed defies Trump’s rate-cut pressure
The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged in lockstep with the US Federal Reserve,…
Hang Seng says it has ‘provided for’ rising bad loans in Hong Kong’s property market slump
Hang Seng Bank remains financially healthy, as the extra provisions and collateral provided by borrowers are sufficient to…