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Fees and other income rose 34% during the period. Hang Seng Bank’s profit attributable to shareholders fell 30% to $876.45m ...
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 ...
HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese ...
The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...
Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, posted a jump in impairments in the first half, as ...
Hang Seng Bank reported a 30% drop in net profit for the first half of 2025, dragged by lower net interest income and increased provisions amid continuing economic uncertainties.