HSBC Holdings Plc engages in the provision of banking and financial services. It operates through the following business segments: Retail Banking and Wealth Management, Commercial Banking, Global ...

She will also chair the Operating Committee. Hang Seng Bank has appointed Luanne Lim as Executive Director and CEO, effective ...

HSBC is spending $13.6 billion to buy the remaining 37% stake in Hang Seng Bank, taking full ownership. The deal is Georges Elhedery’s first major investment move since becoming CEO in September 2024.

This year was already a fertile one for dealmakers in Hong Kong leading into Thursday. Then came HSBC Holdings Plc with its proposed $14 billion buyout of Hang Seng Bank Ltd. to really put a rocket ...

A Ferrari factory in Maranello, Italy. The sports-car maker's long-term forecasts disappointed investors. (Remo Casilli/Reuters) ↗️ TSMC (TW:2330, TSM): The contract-chip manufacturer said revenue ...

SINGAPORE - HSBC Holdings plans to take Hang Seng Bank private in a deal that values the lender at US$37 billion (S$48 billion), ramping up its exposure to Hong Kong as the financial hub attempts to ...

HSBC Holdings announced a plan to privatise its Hang Seng Bank subsidiary, drawing the curtains on half a century of the unit’s publicly traded status in an unexpected move to simplify its structure ...

FTSE 100 down 0.4%, FTSE 250 up 0.05% HSBC falls after plans to buy rest of Hang Seng Bank Homebuilders fall after RICS housing data Volution hits record high after annual results Oct 9 (Reuters) - ...

HONG KONG/LONDON, Oct 9 (Reuters) - HSBC plans to buy out minority investors in Hong Kong's Hang Seng Bank (0011.HK), opens new tab for HK$106.1 billion ($13.6 billion), paying a premium and halting ...

HONG KONG: HSBC said on Thursday it planned to privatise Hong Kong's Hang Seng Bank after its majority-held subsidiary has come under fire for its performance and exposure to faltering property ...

Follow us on Facebook and join our Telegram channel for the latest updates. HSBC Holdings plc has announced that HSBC Group, together with The Hongkong and Shanghai Banking Corporation Asia-Pacific, ...