HSBC‘s (HKG: 0005) (NYSE:HSBC) (LSE: HSBA) Hong Kong shares dropped over 7% on Thursday, after the European lender announced plans to privatize its majority-owned local unit, Hang Seng Bank (HKG: 0011 ...

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's Hang Seng Bank said on Monday an independent board committee found HSBC's $13.6 billion take-private offer to be fair and reasonable, and recommended its minority investors vote in favour ...

HSBC Holdings Plc has taken the unusual step of getting directly involved in pushing its Hong Kong subsidiary, Hang Seng Bank Ltd., to offload portfolios of bad real estate debt, underscoring the ...

HSBC Holdings is restructuring to prioritize high-return regions like Hong Kong, India, and the Middle East, scaling down in Europe and the US. The bank is already a leading ECM underwriter in the ...

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 markets in the ...