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.
HSBC’s Q2 results ‘solid’ despite BoCom loss and Hang Seng’s weak profits
HSBC’s Q2 results ‘solid’ despite BoCom loss and Hang Seng’s weak profits
Hang Seng Bank reported higher-than-expected credit losses on Hong Kong real estate.
Hang Seng Bank’s credit risks rise, but capital buffers remain strong
Credit losses rose to HK$4.86b in H1 versus HK$1.5b a year earlier.
Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025
Fees and other income rose 34% during the period.
Hong Kong lenders consider making bad bank to offload $25b in soured loans
Hang Seng Bank and BoCom reportedly mulled setting up a special vehicle.
Hang Seng unveils MTR Jordan Station Retail Banking Centre
It is open from 11 AM to 7 PM on weekdays.
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.
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