Hang Seng Bank
Hang Seng Bank provides customer- centric banking, investment and wealth management services for individuals and businesses.
See below for the Latest Hang Seng Bank News, Analysis, Profit Results, Share Price Information, and Commentary.
Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants
Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants
Customers can earn extra +FUN Dollars of up to HK$1,200 in value.
Hang Seng Bank restructures business, will cut 1% of core staff: report
An earlier report said that the bank is cutting 10% to 50% of staff in some teams.
Hang Seng Bank launches cross-boundary wealth centre at Central branch
The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers.
Hang Seng Bank rolls out payroll perks for savings-focused users
They do so to achieve financial flexibility, said Hang Seng Bank.
Hang Seng Bank, Mastercard launch new multi-currency debit card for businesses
It offers instant debit, secure exchange rates, and free transaction fees.
Hang Seng Bank executes pilot trades under RMB Trade Financing Liquidity Facility
It is one of the first banks to participate in the facility.
Hang Seng Bank welcomes HK budget initiatives
Meanwhile, HSBC’s CIO expects AI to benefit from the announced plans.
Thai banks told to use dynamic pricing
They are struggling because their pricing strategy is not transparent and too reactive.
Hang Seng Bank profits up 3% to HK$18.38b in 2024
Earnings per share is HK$9.33; whilst total dividend is HK$6.8.
Hang Seng enhances dementia-friendly services in branches
Each of its branches now has a trained dementia-friendly ambassador.
HK’s young affluent families eye HK$18m in savings, but lack plans
Only a third of respondents have financial strategies to meet their needs.
Hang Seng Bank fined HK$66.4m for overcharging, sales misconduct
It reportedly received HK$22.4m in excess benefits and fees, the HKMA and SFC said.
Hang Seng Invest, SAB Invest launch ETF
The ETF will debut on the Saudi Exchange on 31 October 2024.
Hang Seng Bank eyes Middle East expansion
Its two subsidiaries already have collaborations planned in Saudi Arabia.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
Hang Seng Bank reduces lending rate, deposit rates
Its prime lending rate and deposit rates are now 25 basis points lower.
Hang Seng Bank taps Derek Ngai as new head of audit
Ngai was head of audit for Hong Kong and Macau at HSBC.
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