Hong Kong regulators have imposed a HK$66.4 million fine on Hang Seng Bank for misconduct related to how it sold investment ...
The SFC found that the bank had engaged in serious misconduct, including excessive fees and soliciting clients for frequent ...
Hong Kong's securities regulator said on Monday it had fined Hang Seng Bank HK$66.4 million ($8.52 million) for overcharging its clients while selling investment products. The Securities and Futures ...
Leading city bank is fined for serious misconduct in sale of financial products to clients for more than a decade As a financial hub, it is imperative for Hong Kong to maintain a solid reputation and ...
Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018.
Asian stock markets are exhibiting a mixed performance on Friday, influenced by positive cues from Wall Street overnight.
The Hong Kong stock market on Friday wrote a finish to the two-day slide in which it had slumped more than 400 points or 2 percent.
DISTRESSED property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Read ...
The lenders, which include Hang Seng Bank Ltd., its parent HSBC Holdings Plc, Bank of East Asia Ltd., Bank of China’s Hong Kong unit, and Standard Chartered Plc, have made about 40% of Hong Kong ...