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Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate ...
HSBC said on Thursday that Chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at Europe's biggest bank presiding over its dramatic shrinking and navigating ...
The statement from Hang Seng Bank came a day after Hong Kong's Sing ... economic headwinds and the property sector crisis in China, HSBC in early 2024 started planning to tighten risk management ...
HONG KONG, - HSBC said on Tuesday that its ... to $1.6 billion as a result of the Chinese bank's fundraising by private placement of shares. Four of China's largest state-owned banks, including ...
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GlobalData on MSNHang Seng Bank to axe jobs as part of restructuring initiativeBy the end of 2024, the bank had about 8,300 employees in Hong Kong and mainland China, but the core staff number remains ...
THE Security Bank Corp. has become the first bank in the Philippines to join the Alliance for Green Commercial Banks, a ...
Latest measures follow efforts since 2023 to build up Qianhai and Hengqin in southern Guangdong province, and foster ties ...
HSBC (HSBA.L) said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the Chinese bank's ...
Lender plans $3 billion share buyback after hitting better-than-expected pretax profit HSBC is the world’s largest trade bank and a linchpin ... said in the earnings statement.
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