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HSBC Hong Kong CEO on privatization of Hang Seng Bank and the city's role as a gateway to China
Maggie Ng, CEO of HSBC Hong Kong, says the privatization of Hang Seng Bank will improve the bank's ability to capture the ...
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 ...
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 ...
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 ...
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 has asked the board of Hang Seng Bank to put forward a privatization proposal to shareholders. Shares in Hang Seng Bank would be canceled in exchange for 155 Hong Kong dollars apiece. HSBC owns ...
Manulife Investments has partnered with Hang Seng Bank to launch its Global Equity Diversified Income fund in Hong Kong, with the product available exclusively through the bank for an initial ...
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.
Hong Kong's first-ever gold exchange traded fund (ETF) on Thursday jumped over nine percent on its trading debut, ...
HONG KONG/SHANGHAI, Feb 16 (Reuters) - HSBC (HSBA.L), opens new tab plans to tighten risk management at Hong Kong unit Hang Seng Bank (0011.HK), opens new tab due to worries about a potential rise in ...
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