Although Hang Seng is only number four in the market, with a 7% market share of deposits versus 33% for HSBC, 16% for Bank of China Hong Kong, and 12% for Standard Chartered, its cost/income ratio ...

Hong Kong-based Hang Seng Bank said on Wednesday Edward Cheng, chief of Wing Tai Properties, will succeed Irene Lee as the chairman of the board.

Hang Seng Bank saw its shares drop 4% in Hong Kong on Feb. 19 after reporting an annualized return on equity of 10.0% for the second half of 2024 and declaring a year-end dividend of HKD 3.2 per ...

Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial ...

Meanwhile, HSBC’s CIO expects AI to benefit from the announced plans. Hang Seng Bank has welcomed the recently announced ...

Hang Seng Bank (HSNGF – Research Report) received a Hold rating and price target from Goldman Sachs analyst Gurpreet Singh today. The ...

HONG KONG, Feb. 19, 2025 /PRNewswire/ -- Hang Seng Bank today is pleased to report its strong full-year financial results for 2024, showing sustained growth momentum. The Bank saw a notable 26% ...

In a statement after the market closed, Hang Seng Bank said its chairwoman, Irene Lee, will retire after being on the board for around 11 years.

HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...

HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...

Hong Kong’s securities watchdog has fined Hang Seng Bank (HSB) HK$66.4 million for overcharging its clients while selling investment products. The Securities and Futures Commission (SFC ...