Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, posted a jump in impairments in the first half, as ...

Fees and other income rose 34% during the period. Hang Seng Bank’s profit attributable to shareholders fell 30% to $876.45m ...

HSBC Holdings and Hang Seng Bank are expected to release interim reports this week as earnings season gears up.

The Hong Kong Monetary Authority (HKMA) kept the base rate it charges via its overnight discount window unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady ...

Hang Seng Bank and BOC Hong Kong have a loan-to-deposit ratio of 77% and 71%, respectively. It shows that both banks, at its core of the business model, take in deposits and turn them into loans.

Hang Seng Bank has reduced its mainland CRE exposure by 61% versus the beginning of 2022, and we think the Hong Kong CRE problem will prove to be similarly manageable for Hang Seng Bank, given the ...

Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.

Regulators dismissed reports that lenders mulled creating a structure to take on their problem debt. But asset sales by ...

The city’s banks are coming under increasing pressure to offload loans backed by real estate assets. Read more at straitstimes.com. Read more at straitstimes.com.

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 ...

Hong Kong's benchmark Hang Seng Index edged lower on Thursday morning, with major U.S.-listed Chinese stocks trading mixed, after the city's central bank hiked interest rates in tune with the U.S ...